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Now showing items 11-15 of 15
A Marginalist Model of Network Formation
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2016-08-18)
We develop a network-formation model where the quality of a link depends on the amount invested in it and is determined by a link-formation "technology" , an increasing strictly concave function which is the only exogenous ...
The impact of liberalizing cost-saharing on basic models of network formation
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2015-09-12)
This paper studies the impact of "liberalizing " the cost-sharing of links on some basic models of network formation. This is done in a setting where both doubly supported and singly supported links are possible, and which ...
Characterization of efficient networks in a generalized connections model with endogenous link strength
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2019-05-09)
We consider a natural generalization of Jackson and Wolinsky s (1996) connections model where the quality or strength of a link depends on the amount invested in it and is determined by a non-decreasing function of that ...
Efficiency of weighted networks
(Fundamentos del Análisis Económico I, UPV/EHU, 2017-11-14)
In this paper, we address the question of the efficiency of weighted networks in a setting where nodes derive utility from their direct and indirect connections. Under rather general conditions, based on a set of assumptions ...
A Note on Efficiency in a Unifying Model of Strategic Network Formation
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2018-05-15)
The main point of this note is to provide a simpler and shorter proof of the result on efficiency in Olaizola and Valenciano (2017a) based on a result on efficiency of weighted networks in Olaizola and Valenciano (2017b). ...