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Efficient Networks in Models with Player and Partner Heterogeneity

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  • Emre Unlu

Abstract

This paper characterizes efficient networks in player and partner heterogeneity models for both the two†way flow and the one†way flow networks. Player (partner) dependent network formation allows benefits and costs to be player (partner) heterogeneous, which is an important extension for modeling social networks in the real world. This paper shows that efficient networks are minimally connected and have either a star†type or a variation of star†type architectures in the two†way flow model, and have the wheel architecture in the one†way flow model.

Suggested Citation

  • Emre Unlu, 2018. "Efficient Networks in Models with Player and Partner Heterogeneity," Manchester School, University of Manchester, vol. 86(1), pages 100-118, January.
  • Handle: RePEc:bla:manchs:v:86:y:2018:i:1:p:100-118
    DOI: 10.1111/manc.12196
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    Cited by:

    1. Banchongsan Charoensook, 2020. "On the Interaction between Small Decay, Agent Heterogeneity and Diameter of Minimal Strict Nash Networks in Two-way Flow Model," Annals of Economics and Finance, Society for AEF, vol. 21(2), pages 331-361, November.
    2. Banchongsan Charoensook, 2022. "A Characterization of Nonminimal Nash Networks in Two-way Flow Model," Annals of Economics and Finance, Society for AEF, vol. 23(2), pages 329-340, November.

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