Resources Flows Asymmetries in Strict Nash Networks with Partner Heterogeneity

Pascal Billand, Christophe Bravard () and Sudipta Sarangi
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Christophe Bravard: GATE Lyon Saint-Étienne - Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne - ENS de Lyon - École normale supérieure de Lyon - Université de Lyon - UL2 - Université Lumière - Lyon 2 - UCBL - Université Claude Bernard Lyon 1 - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique

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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)
Date: 2011
New Economics Papers: this item is included in nep-net and nep-soc
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00574256v1
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Citations: View citations in EconPapers (11)

Published in 2011

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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:hal:journl:halshs-00574256

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