Existence of Nash networks in one-way flow models

被引：17

作者：

Billand, Pascal ^{[1
]}

Bravard, Christophe ^{[1
]}

Sarangi, Sudipta ^{[2
,3
]}

机构：

[1] Univ St Etienne, CREUSET, St Etienne, France

[2] Louisiana State Univ, DIW Berlin, Baton Rouge, LA 70803 USA

[3] Louisiana State Univ, Dept Econ, Baton Rouge, LA 70803 USA

来源：

ECONOMIC THEORY | 2008年 / 37卷 / 03期

基金：

美国国家科学基金会;

关键词：

network formation; non-cooperative games;

D O I：

10.1007/s00199-007-0303-y

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper addresses the existence of Nash equilibria in one-way flow 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 plays a crucial role for the existence of Nash networks. The paper also provides conditions for the existence of Nash networks in models where costs and values of links are heterogeneous.

引用

页码：491 / 507

页数：17

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