In this paper we study the effects of institutional constraints on stability, efficiency and network formation. More precisely, an exogenous "societal cover" consisting of a collection of possibly overlapping subsets that covers the whole set of players and such that no set in this collection is...

We study the effects of institutional constraints on stability and efficiency in the “one-way flow” model of network formation. In this model the information that flows through a link between two players runs only towards the player that initiates and supports the link, so in order for it to...

This paper provides a new model of network formation that bridges the gap between the two benchmark game-theoretic models by Bala and Goyal (2000a) – the one-way flow model, and the two-way flow model – and includes both as limiting cases. As in both the said models, a link can be initiated...

We provide a model that allows for a transition between the simplest variation of two basic models of strategic network formation: Bala and Goyal's one-way flow model without decay, where links can be unilaterally formed, and a version without decay of Jackson and Wolinsky's connections model...

In this paper we study the effects of institutional constraints on stability, efficiency and network formation. More precisely, an exogenous 'societal cover' consisting of a collection of possibly overlapping subsets that covers the whole set of players and such that no set in this collection is...

We study the effects of linking constraints on stability, efficiency and network formation. An exogenous “link-constraining system” specifies the admissible links. It is assumed that each player may initiate links only with players within a specified set of players, thus restricting the...

We provide a model that allows for a transition between the simplest variation of two basic models of strategic network formation: Bala and Goyal's one-way flow model without decay, where links can be unilaterally formed, and a version without decay of Jackson and Wolinsky's connections model...