Showing 1 - 10 of 33,035
distance and of neighbors' degree. Consequently, we introduce a framework that can be seen as a degree-distance … functional form of the degree-distance-based utility. … modifies certain results about stability and efficiency compared to the original connections model. In particular, we see the …
Persistent link: https://www.econbiz.de/10010643648
distance and of neighbors’ degree. Consequently, we introduce a framework that can be seen as a degree-distance … functional form of the degree-distance-based utility. … modifies certain results about stability and efficiency compared to the original connections model. In particular, we see the …
Persistent link: https://www.econbiz.de/10011098631
distance and of neighbors' degree. Consequently, we introduce a framework that can be seen as a degree-distance … functional form of the degree-distance-based utility. … modifies certain results about stability and efficiency compared to the original connections model. In particular, we see the …
Persistent link: https://www.econbiz.de/10011025613
In the canonical network model, the connections model, only three specific network structures are generically efficient: complete, empty, and star networks. This renders many plausible network structures inefficient. We show that requiring robustness with respect to stochastic transmission...
Persistent link: https://www.econbiz.de/10011113802
This chapter surveys recent models of coalition and network formation in a unified framework. Comparisons are drawn among various procedures of network and coalition formation, involving simultaneous and sequential moves. The survey also covers models of group and network formation by farsighted...
Persistent link: https://www.econbiz.de/10014025687
efficiency that arises when individuals are myopic. We find that for extreme values of the cost of establishing a mutual …
Persistent link: https://www.econbiz.de/10009002074
This paper provides a game-theoretic model of network formation with a continuous effort choice. Efforts are strategic complements for direct neighbors in the network and display global substitution/congestion effects. We show that if the parameter governing local strategic complements is larger...
Persistent link: https://www.econbiz.de/10012817066
This paper studies optimal targeting policies, consisting of eliminating (preserving) a set of agents in a network and aimed at minimizing (maximizing) aggregate effort levels. Different from the existing literature, we allow the equilibrium network to adapt after a network intervention and...
Persistent link: https://www.econbiz.de/10012817067
This paper provides a game-theoretic model of network formation with a continuous effort choice. Efforts are strategic complements for direct neighbors in the network and display global substitution/congestion effects. We show that if the parameter governing local strategic complements is larger...
Persistent link: https://www.econbiz.de/10012308172
This paper studies optimal targeting policies, consisting of eliminating (preserving) a set of agents in a network and aimed at minimizing (maximizing) aggregate effort levels. Different from the existing literature, we allow the equilibrium network to adapt after a network intervention and...
Persistent link: https://www.econbiz.de/10012308179