This paper studies the formation of networks among individuals. The focus is on the compatibility of overall societal … subject, and also provides new results on the existence of pairwise-stable networks and the relationship between pairwise … stable and efficient networks in a variety of contexts and under several definitions of efficiency. …

We analyze the formation of networks among individuals. In particular, we examine the existence of networks that are … stable networks one can restrict focus on a component-wise egalitarian allocation of value. We show that when such strongly … stable networks exist they coincide with the set of efficient networks (those maximizing the total productive value). We show …

We present a model of network formation where entering nodes find other nodes to link to both completely at random and … features that have been found to characterize large socially generated networks. Moreover, we derive the distribution of degree … lower tail may exhibit substantial curvature, just as in observed networks. We then fit the model to data from six networks …

I survey the recent literature on the formation of networks. I provide definitions of network games, a number of …

The present paper analyzes a network formation problem, mainly based on the framework presented in Bala and Goyal (2000 … the sum of the number of edges it includes. We obtain as a result that the only Nash structure is the circle network … same time it minimizes the costs of network formation. …

We propose a simple non-cooperative mechanism of network formation in cost spanning tree problems. The only subgame …

equilibrium networks of adopters when the social network is an instance of a generalized random graph. …This paper presents a model of local network effects in which agents connected in a social network each value adoption …