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Title:Existence of Nash networks in one-way flow models PDF Logo
Authors:Billand, Pascal
Bravard, Christophe
Sarangi, Sudipta
Issue Date:2007
Series/Report no.:Discussion papers // German Institute for Economic Research 751
Abstract:This paper addresses the existence of Nash equilibria in one-way flow or directed network models in a number of different settings. In these models players form costly links with other players and obtain resources from them through the directed path connecting them. We find that heterogeneity in the costs of establishing links play a crucial role in the existence of Nash networks. We also provide conditions for the existence of Nash networks in models where costs and values of links are heterogeneous.
Subjects:Network Formation
Non-cooperative Games
JEL:C72
D85
Document Type:Working Paper
Appears in Collections:Publikationen von Forscherinnen und Forschern des DIW
DIW-Diskussionspapiere

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