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| Title: | | Existence of Nash networks in one-way flow models  |
| 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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