IDEAS home Printed from https://ideas.repec.org/a/ids/ijcome/v7y2017i4p323-358.html
   My bibliography  Save this article

Knowledge externalities and production in network: game equilibria, types of nodes, network formation

Author

Listed:
  • Vladimir D. Matveenko
  • Alexei V. Korolev

Abstract

We study game equilibria in a network, in each node of which an economy is described by a two-period model of endogenous growth with production and knowledge externalities. Each node obtains an externality produced by the sum of knowledge in neighbour nodes. Uniqueness of the inner equilibrium is proved. Ways of behaviour of agent (passive, active, or hyperactive) in dependence on received externalities are studied. Classification of networks based on a notion of type of node is provided. It is shown that the inner equilibrium depends not on the network's size or topology but on its structure in terms of the types of nodes, and in networks with similar types structure agents in nodes of the same type behave similarly. Changes of the equilibrium under changes in the network structure are studied, as well as network formation, in particular, connection of network components, and appearance of new links.

Suggested Citation

  • Vladimir D. Matveenko & Alexei V. Korolev, 2017. "Knowledge externalities and production in network: game equilibria, types of nodes, network formation," International Journal of Computational Economics and Econometrics, Inderscience Enterprises Ltd, vol. 7(4), pages 323-358.
    • Handle: RePEc:ids:ijcome:v:7:y:2017:i:4:p:323-358
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=86877
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijcome:v:7:y:2017:i:4:p:323-358. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=311 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.