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Heterogeneity in Nash Networks

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Author Info
Sudipta Sarangi ()
Pascal Billand ()
Christophe Bravard ()

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Abstract

Heterogeneity in Nash networks can arise due to differences in the following four variables: (i) the value of information held by agents, (ii) the rate at which information decays or loses its value as it traverses the network, (iii) the prob- ability with which a links transmits information, and (iv) the cost of forming a link. In this paper we examine Nash networks, efficient networks and the existence of equilibrium networks under different heterogeneity conditions for the two-way flow model of networks.

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Paper provided by Department of Economics, Louisiana State University in its series Departmental Working Papers with number 2006-18.

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Handle: RePEc:lsu:lsuwpp:2006-18

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Jackson, Matthew O., 2005. "The economics of social networks," Working Papers 1237, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
  2. Andrea Galeotti, 2004. "One-way Flow Networks: the Role of Heterogeneity," Tinbergen Institute Discussion Papers 04-031/1, Tinbergen Institute. [Downloadable!]
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  3. Venkatesh Bala & Sanjeev Goyal, 2000. "A Noncooperative Model of Network Formation," Econometrica, Econometric Society, vol. 68(5), pages 1181-1230, September.
  4. Andrea Galeotti & Sanjeev Goyal & Jurjen Kamphorst, 2003. "Network Formation with Heterogeneous Players," Economics Discussion Papers 562, University of Essex, Department of Economics. [Downloadable!]
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  5. Hans Haller & Jurjen Kamphorst & Sudipta Sarangi, 2007. "(Non-)existence and Scope of Nash Networks," Economic Theory, Springer, vol. 31(3), pages 597-604, June. [Downloadable!] (restricted)
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  6. Matthew O. Jackson & Asher Wolinsky, 1995. "A Strategic Model of Social and Economic Networks," Discussion Papers 1098R, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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  7. Hans Haller & Sudipta Sarangi, 2003. "Nash Networks with Heterogeneous Agents," Discussion Papers of DIW Berlin 337, DIW Berlin, German Institute for Economic Research. [Downloadable!]
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  1. Sudipta Sarangi & Pascal Billand & Christophe Bravard, . "Existence of Nash Networks in One-Way Flow Models (Revised Version of LSU Working Paper 2006-05)," Departmental Working Papers 2007-02, Department of Economics, Louisiana State University. [Downloadable!]
  2. Pascal Billand & Christophe Bravard & Sudipta Sarangi, 2008. "Existence of Nash networks in one-way flow models," Economic Theory, Springer, vol. 37(3), pages 491-507, December. [Downloadable!] (restricted)
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