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We introduce a new network centrality measure founded on the Gately value for cooperative games with transferable utilities. A directed network is interpreted as representing control or authority relations between players-constituting a hierarchical network. The power distribution embedded...
Persistent link: https://www.econbiz.de/10014426676
In this note we introduce different levels of decay in the Goyal, Galeotti and Kamphorst (GGK) insider-outsider model of network formation. First, we deal with situations where the amount of decay is sufficiently low to avoid superfluous connections in strict Nash networks and we examine the...
Persistent link: https://www.econbiz.de/10009752452