We analyze a model of endogenous two-sided network formation where players are affected by uncertainty in their … inefficient networks such as the empty network. On the other hand, it may include networks with unreciprocated, one-way links …, which comes with an efficiency loss as linking efforts are costly. We characterize equilibria under ambiguity and provide …

This paper introduces a formulation of the optimal network compression problem for financial systems. This general … formulation is presented for different levels of network compression or rerouting allowed from the initial inter-bank network. We … systematic shocks to the financial network. We conclude by studying the optimal compression problem for specific networks; this …

This paper analyzes convex congestion network problems. It is shown that for network problems with convex congestion … costs, an algorithm based on a shortest path algorithm, can be used to find an optimal network for any coalition …. Furthermore, an easy way of determining if a given network is optimal is provided …

This paper tries to connect the theory of genetic algorithm (GA) learning to evolutionary game theory. It is shown that …