Efficient Networks in Models with Player and Partner Heterogeneity
19 Pages Posted: 14 Dec 2017
Date Written: January 2018
Abstract
This paper characterizes efficient networks in player and partner heterogeneity models for both the two‐way flow and the one‐way flow networks. Player (partner) dependent network formation allows benefits and costs to be player (partner) heterogeneous, which is an important extension for modeling social networks in the real world. This paper shows that efficient networks are minimally connected and have either a star‐type or a variation of star‐type architectures in the two‐way flow model, and have the wheel architecture in the one‐way flow model.
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Efficient Networks in Models with Player and Partner Heterogeneity
This is a Wiley-Blackwell Publishing paper. Wiley-Blackwell Publishing charges $42.00 .
File name: MANC.pdf
Size: 0K
If you wish to purchase the right to make copies of this paper for distribution to others, please select the quantity.
