We present a model of network formation where entering nodes find other nodes to link to both completely at random and … randomness in the formation process affects average utility in the network. …

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. …

Previous allocation rules for network games, such as the Myerson Value, implicitly or explicitly take the network … structure as fixed. In many situations, however, the network structure can be altered by players. This means that the value of … alternative network structures (not just sub-networks) can and should influence the allocation of value among players on any given …

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

We examine a simple economic model of network formation where agents benefit from indirect relationships. We show that …