This paper considers the use of ‘long-run cost functions’ for congested networks in solving second-best network …

this association - known as Kleiber's law - has received deep theoretical foundation by network theory and has been …

under strong market rivalry a conflict between stable and efficient networks is likely to occur. A key finding of the paper …

equilibrium espionage networks and networks that maximize social welfare under the most interesting scenario of diseconomies of …

Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71 …, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between … results that relate situations of positive externalities with stable networks that cannot be 'too dense' in a well …

and the implications for the structure of pairwise stable networks. First, different definitions of convexity (concavity … own links and strategic complements, a local uniqueness property of pairwise stable networks is derived. The results do …

This paper models the competition of user networks as a continuous-time Markov process. It presents a dynamic version … networks can coexist for a considerable period of time, although the market is a natural monopoly. …