Consensus through connections
Manish Sarkhel and
Sonakshi Gupta
Economics Letters, 2023, vol. 232, issue C
Abstract:
A network formation model with linear–quadratic costs and strategic complementarities between agents highlighting group cohesion resulting from bilateral agreements is developed. Implications for stability under different network structures are discussed.
Keywords: Network formation games; Pairwise-stability; Group cohesion (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:232:y:2023:i:c:s0165176523003555
DOI: 10.1016/j.econlet.2023.111330
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