Charoensook, Banchongsan (2017): Violations of Uniform Partner Ranking Condition in Two-way Flow Strict Nash Networks.
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Abstract
The paper of Charoensook ((2015), [3]) extends the results of the original model of two-way flow information sharing network of Bala and Goyal ((2000),[1]), given that a condition called Uniform Partner Ranking is satisfied. In this technical note, we study what happen to these results when this condition is violated. By providing some examples, we conclude that a certain degree of agent homogeneity needs to exist in order that the results of [3] remains satisfied.
Item Type: | MPRA Paper |
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Original Title: | Violations of Uniform Partner Ranking Condition in Two-way Flow Strict Nash Networks |
English Title: | Violations of Uniform Partner Ranking Condition in Two-way Flow Strict Nash Networks |
Language: | English |
Keywords: | Network Formation, Strict Nash Network, Two-way Flow Network, Branching Network, Agent Heterogeneity,Information Network |
Subjects: | C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory > C72 - Noncooperative Games D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D85 - Network Formation and Analysis: Theory |
Item ID: | 77961 |
Depositing User: | - Charoensook Banchongsan |
Date Deposited: | 29 Mar 2017 10:23 |
Last Modified: | 28 Sep 2019 17:41 |
References: | [1] Bala, V. and Goyal, S. (2000). A noncooperative model of network formation. Econometrica, 68(5):1181–1229. [2] Billand, P., Bravard, C., and Sarangi, S. (2011). Strict nash networks and partner heterogeneity. International Journal of Game Theory, 40(3):515–525. [3] Charoensook, B. (2015). On the Interaction between Player Heterogeneity and Partner Heterogeneity in Two-way Flow Strict Nash Networks. Journal of Economic Theory and Econometrics, 26(3). [4] Galeotti, A., Goyal, S., and Kamphorst, J. (2006). Network formation with heterogeneous players. Game and Economic Behavior, 54(2):353–372. [5] Jackson, M. O. (2007). Literature review: The study of social networks in economics. In Rauch, J. E., editor, The Missing Links: Formation and Decay of Economic Networks. Russell Sage Foundation. [6] Jackson, M. O. (2008). Social and Economic Networks. Princeton University Press, Princeton, NJ, USA. [7] Jackson, M. O. and Wolinsky, A. (1996). A strategic modelof social and economic networks. Journal of Economic Theory, 71(1):44–74. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/77961 |