Showing 1 - 10 of 5,433
distributions, positive assortativity of degrees, and clustering-degree correlation. …
Persistent link: https://www.econbiz.de/10011705107
respect to their network position while their names do not matter. Existence of certain stable network structures is then … empty or complete network are always pairwise stable, stable symmetric networks exist, or stable networks with a connected … pairwise stable network is an NSG if utility is given by Bonacich centrality. …
Persistent link: https://www.econbiz.de/10010386357
High levels of clustering—the tendency for two nodes in a network to share a neighbor—are ubiquitous in economic and … otherwise separate network regions, representing rewards for filling “structural holes” in the sense of Burt (1992) and keeping … distances in networks short. This paper proposes a parsimonious model of network formation with introductions and intermediation …
Persistent link: https://www.econbiz.de/10012843864
We introduce a new network centrality measure founded on the Gately value for cooperative games with transferable … utilities. A directed network is interpreted as representing control or authority relations between players-constituting a … hierarchical network. The power distribution embedded within a hierarchical network can be represented through appropriate TU …
Persistent link: https://www.econbiz.de/10014426676
Persistent link: https://www.econbiz.de/10010354731
network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic … complements, and participants have either complete or incomplete information about the structure of a random network. Since … for reduced exposure to loss, and 2) uncertainty about the network structure makes it considerably more difficult to …
Persistent link: https://www.econbiz.de/10010344833
endogenous structure of collaboration is represented by a weighted network. The agents are forward-looking and capable of …
Persistent link: https://www.econbiz.de/10011937299
, I provide a proposition that generalizes the results of these two models by stating that: (i) Strict Nash network … network as in Billand et al (2011). This proposition requires that a certain restriction on link formation cost (called …
Persistent link: https://www.econbiz.de/10010518019
We analyze a model of strategic network formation prior to a Manea (2011) bargaining game: ex-ante homogeneous players … form an undirected network with explicit linking costs anticipating expected equilibrium payoffs from the subsequent … sequential network bargaining. Assuming patient players, we provide a complete characterization of networks being pairwise (Nash …
Persistent link: https://www.econbiz.de/10010458499
The paper proposes a game of weighted network formation in which each agent has a limited resource to form links of …, uniquely predicts the equilibrium values of each agent's network investment and utility level, as well as the ratio of any two …
Persistent link: https://www.econbiz.de/10012904598