Page, Frank H.; Wooders, Myrna H. - Fondazione ENI Enrico Mattei (FEEM) - 2009
of attraction. We also extend to the setting of endogenous Markov dynamics the notions of pairwise stability (Jackson … the pair reside in one of finitely many basins of attraction. The results we obtain here for endogenous network dynamics … and stochastic basins of attraction are the dynamic analogs of our earlier results on endogenous network formation and …