The Economics of Small Worlds

Matthew Jackson and Brian Rogers

Game Theory and Information from University Library of Munich, Germany

Abstract: We examine a simple economic model of network formation where agents benefit from indirect relationships. We show that small-world features - -- short path lengths between nodes together with highly clustered link structures --- necessarily emerge for a wide set of parameters.

Keywords: networks; small worlds (search for similar items in EconPapers)
JEL-codes: A14 C72 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2005-03-14
New Economics Papers: this item is included in nep-gth and nep-net
Note: Type of Document - pdf; pages: 10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (86)

Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/game/papers/0503/0503004.pdf (application/pdf)

Related works:
Journal Article: The Economics of Small Worlds (2005)
Working Paper: The economics of small worlds (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpga:0503004

Access Statistics for this paper

More papers in Game Theory and Information from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ( this e-mail address is bad, please contact ).