Strong ties or structural holes? A distance distribution perspective

Wang Xiang

Economics Letters, 2023, vol. 229, issue C

Abstract: I provide a mean-field approximation of the distance distribution of the Jackson-Rogers model and find that it asymptotically follows a Weibull distribution. This approximation is then applied to an extension of the model where agents endogenously select their link formation patterns. It is demonstrated that each agent’s optimal strategy is characterized by a threshold strategy, and a unique evolutionarily stable state is identified where meetings with strangers occur more frequently as the spillover range increases.

Keywords: Networks; Network formation; Distance distribution; Evolutionary stability (search for similar items in EconPapers)
JEL-codes: A14 C73 D85 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:229:y:2023:i:c:s0165176523002410

DOI: 10.1016/j.econlet.2023.111216

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