2005
DOI: 10.1016/j.mathsocsci.2005.02.003
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Nash networks with heterogeneous links

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Cited by 106 publications
(90 citation statements)
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“…There is a cost borne by u to establishing such a link, and a profit for the information which u learns through this link. This research explores properties of the social network which forms under this scenario [5,16].…”
Section: Game-theoretic Approachesmentioning
confidence: 99%
“…There is a cost borne by u to establishing such a link, and a profit for the information which u learns through this link. This research explores properties of the social network which forms under this scenario [5,16].…”
Section: Game-theoretic Approachesmentioning
confidence: 99%
“…Let ∆ g i = {j : g ij = 1 and g ji = 1} be the set of agents with whom player i has double links in network g. Each double link imposes a small positive penalty ε > 0 (ε ¿ min{V i }) on both players. 12 Note that the penalty needs to be imposed on both players as strategies are chosen simultaneously.…”
Section: Property Lementioning
confidence: 99%
“…This leads to the super-connected networks. Therefore it is also not surprising that in Haller and Sarangi (2001) where links can have different failure probabilities, such super-connected networks may not arise. Alternatively as the cost of information increases with distance, i.e., expected indirect beneÞts decrease when the size of society increases as in Bala and Goyal (2000b), super-connected networks will emerge.…”
Section: Remarkmentioning
confidence: 99%
“…I focus on equilibria in which there exists at least one non-singleton component. 11 Proposition 4.1: Let (3)-(4) be satisfied. A connected strict equilibrium is either an ordered wheel or an ordered flower where player 1 is the center.…”
Section: Definitionmentioning
confidence: 99%