A note on local spillovers, convexity, and the strategic substitutes property in networks
Pascal Billand
- Fonction : Auteur
- PersonId : 837255
Christophe Bravard
- Fonction : Auteur
- PersonId : 19363
- IdHAL : christophe-bravard
- IdRef : 072987758
Résumé
We provide existence results in a game with local spillovers where the payoff function satisfies both convexity and the strategic substitutes property. We show that there always exists a stable pairwise network in this game, and provide a condition which ensures the existence of pairwise equilibrium networks.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
A note on local spillovers, convexity, and the strategic substitutes property in networks
|
Résumé |
en
We provide existence results in a game with local spillovers where the payoff function satisfies both convexity and the strategic substitutes property. We show that there always exists a stable pairwise network in this game, and provide a condition which ensures the existence of pairwise equilibrium networks.
|
Auteur(s) |
Pascal Billand
1
, Christophe Bravard
1
, Sudipta Sarangi
2
1
GATE Lyon Saint-Étienne -
Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne
( 102550 )
- 93, chemin des Mouilles 69130 Écully
6, rue Basse des Rives 42023 Saint-Étienne cedex 02
- France
2
Department of Economics, Louisiana State University
( 148327 )
- Louisiana State University, Department of Economics 2107 Patrick F. Taylor Hall Baton Rouge, LA 70803-6306
- États-Unis
|
Numéro |
2
|
Volume |
75
|
Comité de lecture |
Oui
|
Vulgarisation |
Non
|
Langue du document |
Anglais
|
Nom de la revue |
|
Date de production/écriture |
2013
|
Audience |
Internationale
|
Date de publication |
2013
|
Page/Identifiant |
293-304
|
Public visé |
Scientifique
|
Domaine(s) |
|
Mots-clés (JEL) |
|
Indexation contrôlée |
|
Mots-clés |
en
Networks, Existence, Spillovers
|
DOI | 10.1007/s11238-012-9328-1 |
ProdINRA | 295016 |
UT key WOS | 000321955900007 |
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