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realistic interbank networks that preserve important characteristics of the original interbank market. The method loads the most … probable links with the largest exposures consistent with the total lending and borrowing of each bank, leading to networks …
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if the network is 2-connected: that is, if no player can prevent the flow of information to another. In contrast, the …
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into account the potential externalities networks produce. Once social ties are in place, these externalities shape the … that the individual's incentives depend on the architecture of the network as well as on the position of the individual … within the network. In particular, when an efficient interaction requires players to mutually cooperate, efficient social …
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network that connects them. We find that information supports cooperation by increasing trust between players, and obtain the … 'radius of trust': an endogenous network listing the potentially cooperative relationships between pairs of players in a … community. We identify two aspects of trust, which relate to the network structure in different ways. Where trust depends on the …
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social network - can influence our choices. These choices in turn influence the generation of new information and shape … future choices. These considerations motivate a rich research programme on how social networks shape individual and …
Persistent link: https://www.econbiz.de/10014025688
This paper introduces an extension of the vehicle routing problem by including several distributors in competition. Each customer is characterized by demand and a wholesale price. Under this scenario a solution may have unserviced customers and elementary routes with no customer visits. The...
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