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Persistent link: https://www.econbiz.de/10010386569
We provide a model that allows for a transition between the simplest variation of two basic models of strategic network formation: Bala and Goyal's one-way flow model without decay, where links can be unilaterally formed, and a version without decay of Jackson and Wolinsky's connections model...
Persistent link: https://www.econbiz.de/10011500250
We consider a natural generalization of Jackson and Wolinsky's (J Econ Theory 71:44- 74, 1996) connections model where the quality or strength of a link depends on the amount invested in it and is determined by a non-decreasing function of that amount. The information that the nodes receive...
Persistent link: https://www.econbiz.de/10012293123
Persistent link: https://www.econbiz.de/10012010866
Persistent link: https://www.econbiz.de/10014558663
We provide a model that allows for a transition between the simplest variation of two basic models of strategic network formation: Bala and Goyal's one-way flow model without decay, where links can be unilaterally formed, and a version without decay of Jackson and Wolinsky's connections model...
Persistent link: https://www.econbiz.de/10011650320
We consider a natural generalization of Jackson and Wolinsky's (J Econ Theory 71:44- 74, 1996) connections model where the quality or strength of a link depends on the amount invested in it and is determined by a non-decreasing function of that amount. The information that the nodes receive...
Persistent link: https://www.econbiz.de/10014496086
We study the effects of institutional constraints on stability and efficiency in the “one-way flow” model of network formation. In this model the information that flows through a link between two players runs only towards the player that initiates and supports the link, so in order for it to...
Persistent link: https://www.econbiz.de/10010995310