Bloch, Francis; Dutta, Bhaskar; Manea, Mihai - In: Theoretical economics : TE ; an open access journal in … 14 (2019) 3, pp. 779-811
We analyze the formation of partnerships in social networks. Players need favors at random times and ask their neighbors in the network to form exclusive long-term partnerships that guarantee reciprocal favor exchange. Refusing to provide a favor results in the automatic removal of the...