On the Interaction between Player Heterogeneity and Partner Heterogeneity in Two-way Flow Strict Nash Networks
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This paper brings together analyses of two-way flow Strict Nash networks under exclusive player heterogeneity assumption and exclusive partner heterogeneity assumption studied by Galeotti et al. (2006) and Billand et al. (2011) respectively. We provide a proposition that generalizes the results of thesemodels by stating that: (i) StrictNash network consists of multiple non-empty components as in Galeotti et al. (2006), and (ii) each non-empty component is a branching or Bi network as in Billand et al. (2011). This proposition requires that a restriction on link formation cost, which is called Uniform Partner Ranking, is satisfied.
Abstract
This paper brings together analyses of two-way flow Strict Nash networks under exclusive player heterogeneity assumption and exclusive partner heterogeneity assumption studied by Galeotti et al. (2006) and Billand et al. (2011) respectively. We provide a proposition that generalizes the results of thesemodels by stating that: (i) StrictNash network consists of multiple non-empty components as in Galeotti et al. (2006), and (ii) each non-empty component is a branching or Bi network as in Billand et al. (2011). This proposition requires that a restriction on link formation cost, which is called Uniform Partner Ranking, is satisfied.
참고문헌 (7)
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