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This paper extends Hotelling's model of price competition with quadratic transportation costs from a line to graphs. I …'Aspremont et al. (1979) does not extend to simple star graphs and I conjecture thatthis non-existence result holds more generally …
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This paper extends Hotelling's model of price competition with quadratic transportation costs from a line to graphs. We …'Aspremont et al. (1979) does not extend to simple star graphs and conjecture that this non-existence result holds more generally …
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We consider a co-evolutionary model of social coordination and network formation where agents may decide on an action in a 2x2 - coordination game and on whom to establish costly links to. We find that a payoff dominant convention is selected for a wider parameter range when agents may only...
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