Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10003547014
Persistent link: https://www.econbiz.de/10000970112
We consider a productive network formed by agents with heterogeneous privately-known productivity types. Under convex cost of link formation, bilateral links create endogenous externalities. We calculate the "rearrangement cost" imposed on the entire network by each subset of other agents an...
Persistent link: https://www.econbiz.de/10014264005