We consider a dynamic model of network formation where agents form and sever links based on the centrality of their …

Most network games assume that the best response of a player is a linear function of the actions of her neighbors …; clearly, this is a restrictive assumption. We developed a theory called sign-equivalent transformation (SET) underlying the … mathematical structure behind a system of equations defining the Nash equilibrium. By applying our theory, we reveal that many …

network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …

network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …

Survey (QLFS), we test these hypotheses. Our empirical findings are consistent with the theory since they suggest that …