منابع مشابه
Risk-sharing and endogenous network formation
In economic literature insurance networks are often treated as exogenous institutions. Frequently, the assumption is made that some clearly identifiable group (e.g. ‘the whole village’ or ‘the extended family’) constitutes an insurance network. Still, theory suggests that the formation of insurance links depends on a myriad of factors related to smooth information flows, norms, trust, the abili...
متن کاملRisk - Sharing and Endogenous Network Formation 1
In much of the economic literature an insurance network is treated as an exogenous institution. Frequently, the assumption is made that all households who are member of an easily identifiable group (e.g. the village, the extended family, etc.) form one single network. There are, however, both theoretical and empirical grounds for being sceptical about this approach. Bala and Goyal (2000) theore...
متن کاملGroup Formation in Risk-Sharing Arrangements
We study informal insurance within communities, explicitly recognizing the possibility that subgroups of individuals may destabilize insurance arrangements among the larger group. We therefore consider self-enforcing risk-sharing agreements that are robust not only to single-person deviations but also to potential deviations by subgroups. However, such deviations must be credible, in the sense ...
متن کاملNetwork formation , cost - sharing and anti - coordination ∗ Dunia López - Pintado
This paper presents a non-cooperative model of network formation where agents link to play anti-coordination games. Links are costly but, unlike in standard one-sided models, the cost is shared between the two players involved in a link. We show that the set of Nash equilibria of the resulting social game shrinks as the shares of the link cost are more equal. In the extreme case in which each a...
متن کاملPolicy Model for Sharing Network Slices in 5G Core Network
As mobile data traffic increases, and the number of services provided by the mobile network increases, service load flows as well, which requires changing in the principles, models, and strategies for media transmission streams serving to guarantee the given nature of giving a wide scope of services in Flexible and cost-effective. Right now, the fundamental question remains what number of netwo...
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ژورنال
عنوان ژورنال: American Economic Review
سال: 2007
ISSN: 0002-8282
DOI: 10.1257/aer.97.2.75