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This paper proposes new centrality measures to characterise the 'key class', when agents in a network are sorted into role-equivalent classes, such that its removal results in an optimal change in the network activity. The notion of role-equivalence is defined through the graph-theoretical...
Persistent link: https://www.econbiz.de/10012655551
This paper proposes new centrality measures to characterise the ‘key class’, whose removal results in maximal reduction in the network activity, when agents in a network are sorted into role-equivalent classes. The notion of role-equivalence is defined through the graph-theoretical concept...
Persistent link: https://www.econbiz.de/10014357006
This paper proposes new centrality measures to characterise the 'key class', when agents in a network are sorted into role-equivalent classes, such that its removal results in an optimal change in the network activity. The notion of role-equivalence is defined through the graph-theoretical...
Persistent link: https://www.econbiz.de/10013396063
Persistent link: https://www.econbiz.de/10001631160
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Persistent link: https://www.econbiz.de/10002638657
Despite a widespread interest in the warm glow model [Andreoni (1989,1990)], surprisingly most attention focused on the voluntary contribution equilibrium of the model, and only very little attention has been devoted to the competitive equilibrium. In this paper, we introduce the notion of...
Persistent link: https://www.econbiz.de/10003827909
This paper deals with a core-equilibrium equivalence in an economy with public goods where preferences of consumers display warm glow effects. We demonstrate that provided that each consumer becomes satiated to other consumers provision, it holds that, for a sufficiently large economy, the set...
Persistent link: https://www.econbiz.de/10003827913
This paper analyzes the private provision of public goods where consumers interact within a fixed network structure and may benefit only from their direct neighbors' provisions. We present a proof for existence and uniqueness of a Nash equilibrium with general best-reply functions. Our...
Persistent link: https://www.econbiz.de/10009501125