Resources Flows Asymmetries in Strict Nash Networks with Partner Heterogeneity
This paper introduces a partner heterogeneity assumption in the one-way flow model of Bala and Goyal (2000, ). Our goal consists in the characterization of strict Nash networks with regard to the set of resources obtained by players. We use the notion of condensation network which allows us to divide the population in sets of players who obtain the same resources and we order these sets according to the resources obtained. Accordingly, we can examine the relationship between heterogeneity and asymmetries in networks. We establish that the nature of heterogeneity plays a crucial role on asymmetries observed in equilibrium networks.
|Date of creation:||2011|
|Date of revision:|
|Publication status:||Published in Working paper GATE 2011-08. 2011|
|Note:||View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00574256|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
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- Andrea Galeotti, 2006. "One-way flow networks: the role of heterogeneity," Economic Theory, Springer, vol. 29(1), pages 163-179, September.
- Haller, Hans & Sarangi, Sudipta, 2005. "Nash networks with heterogeneous links," Mathematical Social Sciences, Elsevier, vol. 50(2), pages 181-201, September.
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Levine's Working Paper Archive
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- Galeotti, Andrea & Goyal, Sanjeev & Kamphorst, Jurjen, 2006. "Network formation with heterogeneous players," Games and Economic Behavior, Elsevier, vol. 54(2), pages 353-372, February.
- Pascal Billand & Christophe Bravard & Sudipta Sarangi, 2011. "Strict Nash networks and partner heterogeneity," International Journal of Game Theory, Springer, vol. 40(3), pages 515-525, August.
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