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This paper examines strict Nash networks in the noncooperative directed flow model of Bala and Goyal (Econometrica 68(5):1181–1230, 2000) with partner heterogeneity (payoff of a player in a link depends on the identity of her link partner). We focus on the asymmetries with regard to the...
Persistent link: https://www.econbiz.de/10011204298
We propose an allocation rule that takes into account the importance of both players and their links and characterize it for a fixed network. Our characterization is along the lines of the characterization of the Position value for Network games by van den Nouweland and Slikker (2012). The...
Persistent link: https://www.econbiz.de/10011209337
Theoretical models of group lending assume that all group members are identical in terms of their effect on repayment performance. In practice, however, this may not be true. We use a unique data set obtained from a survey of 160 borrowing groups in Jordan to investigate the impact of joint...
Persistent link: https://www.econbiz.de/10010735093
Several current issues in economics are centered on scheduling and matching problems, notably including the 2012 Nobel Prize winning work. Such problems usually lie outside the scope of most undergraduate courses. We present a relatively simple problem that can be used to introduce the graph...
Persistent link: https://www.econbiz.de/10010735099
In this survey, we present recent developments in the literature on Network games. We briefly cover the literature on Communication situations and the corresponding allocation rules. This is followed by a review on the existing player- and link-based fixed and flexible allocation rules for...
Persistent link: https://www.econbiz.de/10010781189