On the Interaction between Heterogeneity and Decay in Directed Networks
AbstractIn this paper, we examine the role played by heterogeneity in the connection model. In sharp contrast to the homogeneous cases we show that under heterogeneity involving only two degrees of freedom, all networks can be supported as Nash or efficient. Moreover, we show that there does not always exist Nash networks. However, we show that on reducing heterogeneity, both the earlier “anything goes” result and the non existence problem disappear.
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Bibliographic InfoPaper provided by Department of Economics, Louisiana State University in its series Departmental Working Papers with number 2010-04.
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- Billand, P. & Bravard, C. & Kamphorst, J. & Sarangi, S., 2013.
"Confirming information flows in networks,"
2013-06, Grenoble Applied Economics Laboratory (GAEL).
- Pascal Billand & Christophe Bravard & Jurjen Kamphorst & Sudipta Sarangi, 2012. "Confirming Information Flows in Networks," Tinbergen Institute Discussion Papers 12-019/1, Tinbergen Institute.
- Billand, Pascal & Bravard, Christophe & Kamphorst, Jurjen J.A. & Sarangi, Sudipta, 2013. "Confirming Information Flows in Networks," MPRA Paper 45835, University Library of Munich, Germany.
- Sudipta Sarangi & Pascal Billand & Christophe Bravard & Jurjen Kamphorst, . "Confirming Information Flows in Networks," Departmental Working Papers 2012-02, Department of Economics, Louisiana State University.
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