Search Results - subject:"NETWORK FORMATION"

Endogenous banks' networks, cascades and systemic risk

Bluhm, Marcel; Faia, Ester; Krahnen, Jan Pieter - 2014

We develop a network model whose links are governed by banks' optmizing decisions and by an endogenous tâtonnement market adjustment. Banks in our model can default and engage in re-sales: risk is transmitted through direct and cascading counterparty defaults as well as through indirect...

Persistent link: https://www.econbiz.de/10012064258

Nestedness in networks: A theoretical model and some applications

Zenou, Yves; König, Michael D.; Tessone, Claudio J. - In: Theoretical Economics 9 (2014) 3, pp. 695-752

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 …

Persistent link: https://www.econbiz.de/10011599526

From bilateral two-way to unilateral one-way flow link-formation

Valenciano Llovera, Federico; Olaizola Ortega, Norma - Departamento de Fundamentos del Análisis Económico I, … - 2014

Persistent link: https://www.econbiz.de/10011129021

Strategic Formation of Homogeneous Bargaining Networks

Gauer, Florian - Institut für Mathematische Wirtschaftsforschung, … - 2014

We analyze a model of strategic network formation prior to a Manea (2011) bargaining game: ex-ante homogeneous players …

Persistent link: https://www.econbiz.de/10011100260

Inter-organizational structure and the dynamics of financial capitalism in Italy

Joselle, Dagnes - In: Stato e mercato (2014) 2, pp. 225-258

The article focuses on the Italian financial system, proposing an analysis of the relational structure among listed financial companies and its evolution in recent years. In order to detect this structure, we investigate a specific kind of interorganizational tie, emerging when members of a...

Persistent link: https://www.econbiz.de/10011157857

A strategic model for network formation

Atabati, Omid; Farzad, Babak - Volkswirtschaftliche Fakultät, … - 2014

We study the dynamics of a game-theoretic network formation model that yields large-scale small-world networks. So far … to seek for game-theoretic network formation models in which links are formed due to strategic behaviors of individuals … networks coincide with the outcome of pairwise Nash equilibrium in network formation. Secondly; it generates large …

Persistent link: https://www.econbiz.de/10011189012

Endogenous Derivative Networks.

Vuillemey, G.; Breton, R. - Banque de France - 2014

This paper proposes a network formation model of an OTC derivatives market where both prices and quantities are …

Persistent link: https://www.econbiz.de/10010815972

Targeted vs. collective information sharing in networks

Kushnir, Alexey; Nichifor, Alexandru - Institut für Volkswirtschaftslehre, … - 2014

We introduce a simple two-stage game of endogenous network formation and information sharing for reasoning about the …

Persistent link: https://www.econbiz.de/10010817258

Unintended triadic closure in social networks: The strategic formation of research collaborations between French inventors

CARAYOL, Nicolas; CASSI, Lorenzo; ROUX, Pascale - Groupe de Recherche en Économie Théorique et … - 2014

the richness of our dataset, allowing us to control for dyadic fixed-effects and various costs of network formation …

Persistent link: https://www.econbiz.de/10010800962

Stable Networks in Homogeneous Societies

Hellmann, Tim; Landwehr, Jakob - Institut für Mathematische Wirtschaftsforschung, … - 2014

We study the structure of pairwise stable networks from a very general point. Rather than assuming a particular functional form of utility, we simply assume that the society is homogeneous, i.e. that agents’ utilities differ only with respect to their network position while their names do not...

Persistent link: https://www.econbiz.de/10010897075