Network formation with heterogeneous players

A. Galeotti, S. Goyal, J.J.A. Kamphorst

    Research output: Contribution to JournalArticleAcademic

    Abstract

    This paper extends the connections model of network formation by allowing for players who are heterogeneous with respect to values as well as the costs of forming links. Our principal result is that centrality and short average distances between individuals are robust features of equilibrium networks. © 2005 Elsevier inc. All rights reserved.
    Original languageEnglish
    Pages (from-to)353-372
    JournalGames and Economic Behavior
    Volume54
    DOIs
    Publication statusPublished - 2006

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