Toward a Just Society by Martin Guzman

Toward a Just Society by Martin Guzman

Author:Martin Guzman
Language: eng
Format: epub
Tags: BUS068000, Business & Economics/Development/Economic Development, BUS039000, Business & Economics/Economics/Macroeconomics
Publisher: Columbia University Press
Published: 2018-08-27T16:00:00+00:00


• If markets are not competitive there are securities that are only traded by a small subset of the players. This implies that the network of players is not a complete graph.

• If markets are not complete there are securities that are not traded at all or traded only by subsets of traders. This means that the network players-securities is not a complete bipartite graph.

• When networks are not complete and are not particularly simple, then actors hold asymmetric positions in the network, meaning that their network centrality is heterogeneous across actors.



Download



Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.