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particular, if the linking costs are not too low and not too high, at least one such network is pairwise stable. Moreover, in … explanation for many core-periphery structures observed in real life social networks. -- Network Formation ; Heterogeneity …
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This paper proposes a two-player spatial competition model where each player controls multiple nodes and studies the equilibrium dynamics. Specifically, the model studies the case where players sell goods of the same utility but have different ability to continue attracting customers. The paper...
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