Classification of Network Formation Models
Jochen Möbert
Publications of Darmstadt Technical University, Institute for Business Studies (BWL) from Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL)
Abstract:
Social network formation models are often compared by their network structures, which satisfy specific equilibrium or welfare properties. Here, we concentrate on welfare criteria and define properties of utility function which are causal for certain network structures. We hope the identification of different properties of utility function will enhance the understanding of the relationship of different network formation models. If this line of research is continued, a kind of engineering of network formation models might arise such that actual social networks can be directly described by appropriate utility functions.
Date: 2009
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Published in Darmstadt Discussion Papers in Economics . 160 (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:dar:wpaper:77450
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