Ostrovsky [10] develops a theory of stability for a model of matching in exogenously given networks. For this model a … substitutability and cross side complementarity. Given this preference domain I analyze the interplay between properties of the network … stable network, and (v) the existence of an efficient and individually stable network. These equivalences also provide a …

This paper studies an evolutionary model of network formation with endogenous decay, in which agents benefit both from … determines the level of decay of each link. We address the issues of coordination (long-run equilibrium selection) and network …

This paper characterizes the set of equilibrium networks in the two-way flow model of network formation with small …

We prove that for generic network formation games where players incur some strictly positive cost to propose links the …