Networks in Economics
The mainly used welfare criterion in the social network literature is Bentham´s utilitarian concept. The shortcomings of this concept are well-known. We compare the outcomes of the utilitarian concept with the Nash social welfare function. By using a Taylor approximation we deduce a formula which al...
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| Format: | Others |
| Language: | English en |
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2008
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| Online Access: | https://tuprints.ulb.tu-darmstadt.de/1052/2/Moebert_%282008%29_-_Networks_in_Economics.pdf Möbert, Jochen <http://tuprints.ulb.tu-darmstadt.de/view/person/M=F6bert=3AJochen=3A=3A.html> (2008): Networks in Economics.Darmstadt, Technische Universität, [Ph.D. Thesis] |