A Note on Efficiency in a Unifying Model of Strategic Network Formation
María Norma Olaizola Ortega and
Federico Valenciano
IKERLANAK from Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I
Abstract:
The main point of this note is to provide a simpler and shorter proof of the result on efficiency in Olaizola and Valenciano (2017a) based on a result on efficiency of weighted networks in Olaizola and Valenciano (2017b). Additionally, this shorter proof allows to refine the result by establishing new conclusions for the zero-measure boundaries separating the different regions of values of the parameters where different structures were proved to be the only efficient ones.
Keywords: network; formation; efficiency (search for similar items in EconPapers)
Date: 2018-05-15
New Economics Papers: this item is included in nep-cdm and nep-gth
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Dpto. de Fundamentos del Análisis Económico I, Facultad de CC. Económicas y Empresariales, Universidad del País Vasco, Avda. Lehendakari Aguirre 83, 48015 Bilbao, Spain
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