dc.contributor.author | Olaizola Ortega, María Norma | |
dc.contributor.author | Valenciano Llovera, Federico | |
dc.date.accessioned | 2015-03-13T12:17:48Z | |
dc.date.available | 2015-03-13T12:17:48Z | |
dc.date.issued | 2015-02-17 | |
dc.identifier.uri | http://hdl.handle.net/10810/14746 | |
dc.description | Documento de trabajo | es |
dc.description.abstract | We provide a model that merges two basic models of strategic network formation and incorporates them as extreme cases: Jackson and Wolinsky' s connections model based on bilateral formation of links, and Bala and Goyal' s two-way flow model, where links can be unilaterally formed. In our model a link can be created unilaterally, but when it is only supported by one of the two players the flow through it suffers some friction or decay, but more than when it is supported by both players. When the friction in singly-supported links is maximal (i.e. there is no fl ow) we have Jackson and Wolinsky 's connections model, while when fl ow in singly-supported links is as good as in doubly-supported links we have Bala and Goyal' s two-way flow model. In this setting, a joint generalization of the results relative to efficiency and stability in both seminal papers is achieved, and the robustness in both models is tested with positive results. | es |
dc.description.sponsorship | Spanish Ministerio de Economía y Competitividad under proyects ECO2012-31626 and ECO2012-31346.both authors also benefit the Basque Government Departamento de Educación, Política Lingü´´istica y Cultura funding for Grupos Consolidados IT869-13 and IT568-13 | es |
dc.language.iso | eng | es |
dc.publisher | Departamento de Fundamentos del Análisis Económico I, UPV/EHU | es |
dc.relation | info:eu-repo/grantAgreement/MINECO/ECO2012-31626 | |
dc.relation | info:eu-repo/grantAgreement/MINECO/ECO2012-31346 | |
dc.relation.ispartofseries | Ikerlanak;2015.85 | |
dc.rights | info:eu-repo/semantics/openAccess | es |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/ | * |
dc.subject | network formation | es |
dc.subject | unilateral link-formation | es |
dc.subject | bilateral link-formation | es |
dc.subject | efficiency | es |
dc.subject | stability | es |
dc.title | A Unifying model of strategic network formation | es |
dc.type | info:eu-repo/semantics/workingPaper | es |
dc.rights.holder | Attribution-NonCommercial-NoDerivatives 4.0 International | * |
dc.subject.jel | A14 | es |
dc.subject.jel | C72 | es |
dc.subject.jel | D20 | es |
dc.subject.jel | J00 | es |
dc.identifier.repec | RePEc:ehu:ikerla:14746 | es |
dc.departamentoes | Fundamentos del análisis económico I | es_ES |
dc.departamentoeu | Ekonomia analisiaren oinarriak I | es_ES |
dc.subject.categoria | MATHEMATICAL AND QUANTITATIVE METHODS | |
dc.subject.categoria | LABOR AND DEMOGRAPHIC ECONOMICS | |
dc.subject.categoria | GENERAL ECONOMICS | |
dc.subject.categoria | MICROECONOMICS | |