Arbeitspapier
One-way Flow Networks: the Role of Heterogeneity
I study a one-way flow connections model in which players are heterogeneous with respect to values and the costs of establishing a link. I first show that values and costs asymmetries are crucial in determining the level of connectedness of a network. Interestingly, unconnected equilibria are asymmetric and central players may emerge. Second, I show that non-singleton components have a wheel architecture as far as the costs of linking are not partner specific. Otherwise also the flower architecture constitutes an equilibrium. I interpret these results as saying that asymmetric connections across players are a peculiar feature of homogeneous environments; by contrast, in heterogeneous settings players hold asymmetric connections, which are accompanied by the emergence of central players.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 04-031/1
- Klassifikation
-
Wirtschaft
Network Formation and Analysis: Theory
Noncooperative Games
- Thema
-
Networks
heterogeneity
Netzwerk
Spieltheorie
Theorie
Soziales Netzwerk
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Galeotti, Andrea
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Galeotti, Andrea
- Tinbergen Institute
Entstanden
- 2004
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