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the other agents in the network. Agents derive payoff from having access to the information of others through … communication or spillovers via the links between them. Linking decisions are based on network-dependent marginal payoff and a … network independent noise capturing exogenous idiosyncratic effects. Moreover, agents have a limited observation radius when …
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generalized submodular flow problem on a suitable network. Existence of a competitive equilibrium and its equivalence with the …
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