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Large Random Graphs in Pseudo-Metric Spaces

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Author Info
Hans Haller
Abstract

This paper is motivated by a small economic literature modelling random trading groups or communication structures as random graphs. It relates this literature to recent work by the author which describes trade infra-structures by means of a "contacting cost-topology". Conditions are found under which a given -- finite or infinite -- countable subset of a pseudo-metric space is almost certainly contained in a connected component of a random graph. In general, the same conditions neither imply nor exclude that the entire pseudo-metric space is almost certainly a connected component of a random graph. Based on these results, the likelihood of core equivalence properties for continuum economies with random communication structures is discussed.

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Publisher Info
Paper provided by University of Bonn, Germany in its series Discussion Paper Serie A with number 301.

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Date of creation: Jul 1990
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Handle: RePEc:bon:bonsfa:301

Contact details of provider:
Postal: Bonn Graduate School of Economics, University of Bonn, Adenauerallee 24 - 26, 53113 Bonn, Germany
Fax: +49 228 73 9221
Web page: http://www.bgse.uni-bonn.de/index.php?id=517

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  1. Randal J. Verbrugge, 1998. "A Framework for Studying Economic Interactions (with applications to corruption and business cycles)," Game Theory and Information 9809006, EconWPA, revised 01 Oct 1998. [Downloadable!]
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