Okumura, Yasunori - In: Economics Bulletin 12 (2007) 28, pp. 1-6
We will show that some results in Goyal and Moraga (2001), RAND Journal of Economics 32(4), are incomplete. The results are the social welfare and the total profit of the firms in the complete network is lower than those in some networks. They focus on the symmetric network gk where k is the...
