Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5073031 | Games and Economic Behavior | 2006 | 20 Pages |
Abstract
This paper extends the connections model of network formation by allowing for players who are heterogeneous with respect to values as well as the costs of forming links. Our principal result is that centrality and short average distances between individuals are robust features of equilibrium networks.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Andrea Galeotti, Sanjeev Goyal, Jurjen Kamphorst,