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optimal design of social networks like Facebook or Google+. We distinguish between unilateral and bilateral connections and … "babblers" or "friends", irrespective of whether the network is unilateral or bilateral, in equilibrium, targeted information …
Persistent link: https://www.econbiz.de/10010360337
Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71 …, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between … results that relate situations of positive externalities with stable networks that cannot be 'too dense' in a well …
Persistent link: https://www.econbiz.de/10010272547
and the implications for the structure of pairwise stable networks. First, different definitions of convexity (concavity … own links and strategic complements, a local uniqueness property of pairwise stable networks is derived. The results do …
Persistent link: https://www.econbiz.de/10010272600
We present a new approach to the study of networks where the formation of links is driven by unilateral initiative of … generalization of the model in which intermittent states can make the evolution of connectivity slower. In this class of networks … to a class of networks not based on the rationale of linking probability between pair of nodes, but it is based on the …
Persistent link: https://www.econbiz.de/10011671040
optimal design of social networks like Facebook or Google. We distinguish between unilateral and bilateral connections and … "babblers" or "friends", irrespective of whether the network is unilateral or bilateral, in equilibrium, targeted information …
Persistent link: https://www.econbiz.de/10013055757
function of a network centrality measure. -- Cournot Markets ; Networks ; Nash Equilibrium ; Centrality Measures …
Persistent link: https://www.econbiz.de/10008811029
Suppose markets and firms are connected in a bi-partite network, where firms can only supply to the markets they are connected to. Firms compete a la Cournot and decide how much to supply to each market they have a link with. We assume that markets have linear demand functions and firms have...
Persistent link: https://www.econbiz.de/10014205788
A tragedy of the commons appears when the users of a common resource have incentives to exploit it more than the socially efficient level. We analyze the situation when the tragedy of the commons is embedded in a network of users and sources. Users play a game of extractions, where they decide...
Persistent link: https://www.econbiz.de/10014219023
This paper characterizes the set of equilibrium networks in the two-way flow model of network formation with small …, this set contains large- as well as small-diameter networks. For all benefit functions, the periphery-sponsored star is the … most stable. When the marginal benefits of information are constant, all non-star networks are equally stable. With …
Persistent link: https://www.econbiz.de/10010325763
existence of Nash networks. We also provide conditions for the existence of Nash networks in models where costs and values of …
Persistent link: https://www.econbiz.de/10010264988