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Heterogeneity in Nash Networks

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  • Sudipta Sarangi

    ()

  • Pascal Billand

    ()

  • Christophe Bravard

    ()

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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  1. Venkatesh Bala & Sanjeev Goyal, 2000. "A Noncooperative Model of Network Formation," Econometrica, Econometric Society, vol. 68(5), pages 1181-1230, September.
  2. Sudipta Sarangi & H. Haller, . "Nash Networks with Heterogeneous Agents," Departmental Working Papers 2003-06, Department of Economics, Louisiana State University.
  3. Jackson, Matthew O. & Wolinsky, Asher, 1996. "A Strategic Model of Social and Economic Networks," Journal of Economic Theory, Elsevier, vol. 71(1), pages 44-74, October.
  4. Andrea Galeotti & Sanjeev Goyal, 2002. "Network Formation with Heterogeneous Players," Tinbergen Institute Discussion Papers 02-069/1, Tinbergen Institute.
  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.
  6. Andrea Galeotti, 2004. "One-way Flow Networks: the Role of Heterogeneity," Tinbergen Institute Discussion Papers 04-031/1, Tinbergen Institute.
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Cited by:
  1. Sudipta Sarangi & Pascal Billand & Christophe Bravard, . "Existence of Nash Networks in One-Way Flow Models," Departmental Working Papers 2006-05, Department of Economics, Louisiana State University.
  2. repec:dgr:uvatin:2010125 is not listed on IDEAS
  3. Dev, Pritha, 2010. "Choosing `Me' and `My Friends': Identity in a Non-Cooperative Network Formation Game with Cost Sharing," MPRA Paper 21631, University Library of Munich, Germany.
  4. 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.
  5. Dev, Pritha, 2010. "Identity and Fragmentation in Networks," MPRA Paper 21632, University Library of Munich, Germany.

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