Modeling Resource Flow Asymmetries using Condensation Networks

Sudipta Sarangi, Pascal Billand and Christophe Bravard

Departmental Working Papers from Department of Economics, Louisiana State University

Abstract: This paper analyzes the asymmetries with regard to the resources obtained by groups of players in equilibrium networks. We use the notion of condensation networks which allows us to partition the population into sets of players who obtain the same resources and we order these sets according to the resources obtained. We establish that the nature of heterogeneity plays a crucial role on asymmetries observed in equilibrium networks. Our approach is illustrated by introducing the partner heterogeneity assumption into the one-way ow model of Bala and Goyal[1].

Date: 2012-01
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Related works:
Journal Article: Modeling resource flow asymmetries using condensation networks (2013)
Working Paper: Modeling resource flow asymmetries using condensation networks (2013)
Working Paper: Modeling Resource Flow Asymmetries using Condensation Networks (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:lsu:lsuwpp:2012-01

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