Galeotti, A., Goyal, S.(. and Kamphorst, J. (2006). Network Formation with Heterogeneous Players Games and Economic Behavior, 54(2):353--372.

Affiliated author

Jurjen Kamphorst
Publication year

2006

Journal

Games and Economic Behavior

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.