A survey of models of network formation: Stability and efficiency

Matthew Jackson

No 1161, Working Papers from California Institute of Technology, Division of the Humanities and Social Sciences

Abstract: I survey the recent literature on the formation of networks. I provide definitions of network games, a number of examples of models from the literature, and discuss some of what is known about the (in)compatibitily of overall societal welfare with individual incentives to form and sever links.

Keywords: networks; network formation; efficiency; stability; allocation rules (search for similar items in EconPapers)
Pages: 56 pages
Date: 2003-03
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Published: 2004 - "Group Formation in Econmics: Networks, Clubs & Coalitions" Cambridge U Press

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Working Paper: A Survey of Models of Network Formation: Stability and Efficiency (2003)
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