Resources Flows Asymmetries in Strict Nash Networks with Partner Heterogeneity

Pascal Billand, Christophe Bravard () and Sudipta Sarangi
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Christophe Bravard: Université de Lyon, Lyon, F-69007, France ; Université Jean Monnet, Saint-Etienne, F-42000, France ; CNRS, GATE Lyon St Etienne, Saint-Etienne, F-42000, France

No 1108, Working Papers from Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon

Abstract: This paper introduces a partner heterogeneity assumption in the one-way flow model of Bala and Goyal (2000, [1]). Our goal consists in the characterization of strict Nash networks with regard to the set of resources obtained by players. We use the notion of condensation network which allows us to divide the population in sets of players who obtain the same resources and we order these sets according to the resources obtained. Accordingly, we can examine the relationship between heterogeneity and asymmetries in networks. We establish that the nature of heterogeneity plays a crucial role on asymmetries observed in equilibrium networks.

Keywords: Nash networks; one-way flow model; condensation networks; chain; inf-semi-lattice (search for similar items in EconPapers)
JEL-codes: C72 D85 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-gth
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Citations: View citations in EconPapers (9)

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Working Paper: Resources Flows Asymmetries in Strict Nash Networks with Partner Heterogeneity (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:gat:wpaper:1108

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