Clustering, Cooperation, and Search in Social Networks

Fernando Vega-Redondo, Matteo Marsili and Frantisek Slanina
Additional contact information
Matteo Marsili: Abdus Salam International Centre for Theoretical Physics, Trieste,
Frantisek Slanina: Institute of Physics, Academy of Sciences of the Czech Republic, Prague,

Journal of the European Economic Association, 2005, vol. 3, issue 2-3, 628-638

Abstract: The paper discusses the important role of clustering in the evolution of social networks, as it affects not only the incentives of players to cooperate but also their ability to search for fresh opportunities. Depending on the volatility of the environment and the social convention in place, we show that network clustering endogenously adapts to achieve and maintain, to the extent possible, a state of high social connectivity in the long run. (JEL: C71, D83, D85) Copyright (c) 2005 The European Economic Association.

Date: 2005
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1542-4774/issues link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
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:tpr:jeurec:v:3:y:2005:i:2-3:p:628-638

Access Statistics for this article

Journal of the European Economic Association is currently edited by Xavier Vives, George-Marios Angeletos, Orazio P. Attanasio, Fabio Canova and Roberto Perotti

More articles in Journal of the European Economic Association from MIT Press
Bibliographic data for series maintained by The MIT Press ().