Efficiency of weighted networks

María Norma Olaizola Ortega and Federico Valenciano

IKERLANAK from Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I

Abstract: In this paper, we address the question of the efficiency of weighted networks in a setting where nodes derive utility from their direct and indirect connections. Under rather general conditions, based on a set of assumptions about the value that connections in a weighted network generate, and about link-formation technology, we prove that any network is dominated by a special type of nested split graph weighted network. These conditions include some of the models in the literature, which are seen as particular cases of this general model.

Keywords: weighted; network; efficiency; nested; split; graph (search for similar items in EconPapers)
Date: 2017-11-14
New Economics Papers: this item is included in nep-gth
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://addi.ehu.eus/handle/10810/24730 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ehu:ikerla:24730

Ordering information: This working paper can be ordered from
Dpto. de Fundamentos del Análisis Económico I, Facultad de CC. Económicas y Empresariales, Universidad del País Vasco, Avda. Lehendakari Aguirre 83, 48015 Bilbao, Spain

Access Statistics for this paper

More papers in IKERLANAK from Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I Contact information at EDIRC.
Bibliographic data for series maintained by Alcira Macías Redondo ().