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among sellers. In dense networks, competition limits the scope of indirect appropriability and intellectual property rights …
Persistent link: https://www.econbiz.de/10013189086
about node-players' information and is necessary for Nash equilibrium and for pairwise stability. Second, efficient networks …
Persistent link: https://www.econbiz.de/10014496075
We analyze the formation of partnerships in social networks. Players need favors at random times and ask their …
Persistent link: https://www.econbiz.de/10012215334
In a general model of trading networks with bilateral contracts, we propose a suitably adapted chain stability concept … special case of trading networks with transferable utility, an outcome is consistent with competitive equilibrium if and only …
Persistent link: https://www.econbiz.de/10013189046
We develop a dynamic network formation model that can explain the observed nestedness in real-world networks. Links are … identify the networks to which the network formation process converges and find that they are nested split graphs. We … completely determine the topological properties of the stochastically stable networks and show that they match features exhibited …
Persistent link: https://www.econbiz.de/10011599526
We provide a model that allows for a transition between the simplest variation of two basic models of strategic network formation: Bala and Goyal's one-way flow model without decay, where links can be unilaterally formed, and a version without decay of Jackson and Wolinsky's connections model...
Persistent link: https://www.econbiz.de/10011650320
We analyze the intergenerational transmission of the strength of religion focusing on the interplay between family and social influences. We find that parental investment in transmitting religious values and peers' religiousity are complements. The relative importance of these socialization...
Persistent link: https://www.econbiz.de/10011995480
determines the structures of networks. In our model, agents are endowed with their own multidimensional characteristics and their … stable networks, and analyze how they are related to the way agents measure social distances. The model predicts the small …-formation costs, the model also accommodates other well documented empirical patterns of social networks such as skewed degree …
Persistent link: https://www.econbiz.de/10012010081
that in this most general version of the connections model, the only possibly non-empty efficient networks, in the sense of …
Persistent link: https://www.econbiz.de/10014496086
The paper discusses community enforcement in infinitely repeated, two-action games with local interaction and uncertain monitoring. Each player interacts with and observes only a fixed set of opponents, of whom he is privately informed. The main result shows that when beliefs about the...
Persistent link: https://www.econbiz.de/10011599512