Stochastic Stability in Network with Decay

Francesco Feri

No 2005.40, Working Papers from Fondazione Eni Enrico Mattei

Abstract: This paper considers a simple communication network characterized by an endogenous architecture and an imperfect transmission of information. We analyze the process of network formation in a dynamic framework where self – interested individuals can form or delete links and, occasionally, are doing mistakes. Then, using stochastic stability, we identify which network structures the formation process will converge to.

Keywords: Network; Decay; Strategical interaction (search for similar items in EconPapers)
JEL-codes: A14 D20 J00 (search for similar items in EconPapers)
Date: 2005-03
New Economics Papers: this item is included in nep-gth and nep-net
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Related works:
Journal Article: Stochastic stability in networks with decay (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2005.40

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