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boundaries of stable networks for increasing and decreasing marginal returns.The formulated model stands in strong relation to … the famous connections model (Jackson & Wolinsky '96): we show that for certain parameter values both models induce the …
Persistent link: https://www.econbiz.de/10009452533
Persistent link: https://www.econbiz.de/10010442539
We study a connections model where the strength of a link depends on the amount invested in it and is determined by an … about node-players' information and is necessary for Nash equilibrium and for pairwise stability. Second, efficient networks …
Persistent link: https://www.econbiz.de/10014496075
We study a connections model where the strength of a link depends on the amount invested in it and is determined by an … about node-players' information and is necessary for Nash equilibrium and for pairwise stability. Second, efficient networks …
Persistent link: https://www.econbiz.de/10014281320
Persistent link: https://www.econbiz.de/10012294843
network position, it has not been explicitly studied which networks emerge if actors follow incentives for these two … for closeness are likely to reach networks with relatively low closeness and high betweenness, while this is the other way …
Persistent link: https://www.econbiz.de/10005002283
Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71 …, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between … results that relate situations of positive externalities with stable networks that cannot be 'too dense' in a well …
Persistent link: https://www.econbiz.de/10010272547
Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71 …, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between … general results that relate situations of positive externalities with stable networks that cannot be too dense in a well …
Persistent link: https://www.econbiz.de/10010279423
Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71 …, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between … results that relate situations of positive externalities with stable networks that cannot be "too dense" in a well …
Persistent link: https://www.econbiz.de/10009452539
Persistent link: https://www.econbiz.de/10011471010