Classification of network formation models

Jochen Moebert

No 160, Darmstadt Discussion Papers in Economics from Darmstadt University of Technology, Department of Law and Economics

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.

Keywords: social networks; network formation; rival networks; welfare; efficiency (search for similar items in EconPapers)
JEL-codes: D60 D85 L14 Z13 (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (3)

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