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https://doi.org/10.1016/s0165-1765(03)00122-8
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Cite Journal: Economics Letters |  Publication Date: Jun 11, 2003 |
 Citations: 22 |
Affiliation: Université Paris Nanterre
I examine the formation of a specific communication network, a variant of the two-way flow model, in which agents have farsighted strategies. I show that the likelihood to form efficient networks tends to zero for sufficiently large network sizes.
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