Bi and Branching Strict Nash Networks in Two-Way Flow Models: A Generalized Sufficient Condition

23 Pages Posted: 25 May 2018

Date Written: May 18, 2018

Abstract

Bi and branching networks are two classes of minimal networks often found in the literatures of two-way flow Strict Nash networks. Why so? In this paper, we answer this question by establishing a generalized condition that holds together many models in the literature, and then show that this condition is sufficient to guarantee their common result: every non-empty component of minimal SNN is either a branching or Bi network. This paper, therefore, contributes to the literature by providing a generalization of several existing works in the literature of two-way flow Strict Nash networks.

Keywords: Network Formation, Strict Nash Network, Two-way Flow Network, Branching Network

JEL Classification: C72, D85

Suggested Citation

Charoensook, Banchongsan, Bi and Branching Strict Nash Networks in Two-Way Flow Models: A Generalized Sufficient Condition (May 18, 2018). FEEM Working Paper No. 12.2018, Available at SSRN: https://ssrn.com/abstract=3180523 or http://dx.doi.org/10.2139/ssrn.3180523

Banchongsan Charoensook (Contact Author)

Keimyung University ( email )

Dalseo-Gu, Daegu 704-701
Korea, Republic of (South Korea)

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