Bi and Branching Strict Nash Networks in Two-way Flow Models: A Generalized Sufficient Condition

Banchongsan Charoensook

The B.E. Journal of Theoretical Economics, 2020, vol. 20, issue 1, 14

Abstract: Bi and branching networks are two classes of minimal networks often found in the literature of two-way flow Strict Nash networks. Why so? In this paper, we answer this question by establishing a generalized condition that holds together several models in the literature, and then show that this condition is sufficient to guarantee their common result: every non-empty component of minimal Strict Nash network is either a branching or Bi network. This paper, therefore, contributes to the literature of two-way flow Strict Nash networks by merging together several existing works.

Keywords: network formation; strict nash network; two-way flow network; branching network; Bi network (search for similar items in EconPapers)
Date: 2020
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Related works:
Working Paper: Bi and Branching Strict Nash Networks in Two-way Flow Models: a Generalized Sufficient Condition (2018)
Working Paper: Bi and Branching Strict Nash Networks in Two-way Flow Models: a Generalized Sufficient Condition (2018)
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DOI: 10.1515/bejte-2018-0117

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