| 来源类型 | FEEM working papers "Note di lavoro" series
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| 规范类型 | 论文
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| Rent Seeking and Power Hierarchies: A Noncooperative Model of Network Formation with Antagonistic Links |
| Kenan Huremovic
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| 发表日期 | 2014
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| 出处 | Climate Change and Sustainable Development
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| 出版年 | 2014
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| 语种 | 英语
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| 摘要 | Network structure has a significant role in determining the outcomes of many socioeconomic relationships, including the antagonistic ones. In this paper we study a situation in which agents, embedded in a network, simultaneously play interrelated bilateral contest games with their neighbors. Interrelatedness of contests induces complex local and global network effects. We first characterize the equilibrium of a game on an arbitrary fixed network. Then we study a dynamic network formation model, introducing a novel but intuitive link formation protocol. As links represent antagonistic relationships, link formation is unilateral while link destruction is bilateral. A complete k-partite network is the unique stable network topology. As a result, the model provides a micro-foundation for the structural balance concept in social psychology, and the main results go in line with theoretical and empirical findings from other disciplines, including international relations, sociology and biology.
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Suggested citation: Huremovic, K., (2014), 'Rent Seeking and Power Hierarchies: A Noncooperative Model of Network Formation with Antagonistic Links', Nota di Lavoro 45.2014, Milan, Italy: Fondazione Eni Enrico Mattei. |
| 特色分类 | D85,D74
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| 关键词 | Network Formation
Structural Balance
Contest
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/rent-seeking-and-power-hierarchies-a-noncooperative-model-of-network-formation-with-antagonistic-links/
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| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118293
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推荐引用方式
GB/T 7714 |
Kenan Huremovic. Rent Seeking and Power Hierarchies: A Noncooperative Model of Network Formation with Antagonistic Links. 2014.
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