Network formation with heterogeneous players

  title={Network formation with heterogeneous players},
  author={Andrea Galeotti and Sanjeev Goyal and Jurjen Kamphorst},
  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.  2005 Elsevier Inc. All rights reserved. JEL classification: C72 
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