We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We … links. We characterize the networks that are supported under these variations and show how each of the above aspects is …

European Union countries, specifically analyzing four of the prioritized Trans-European Networks. …

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 …

The purpose of this paper is to explore strategic incentives to use trade networks rather than markets and shed light … infinitely repeated multi-player prisoner's dilemma gamedecentralised system of networks. We investigate the with random matching … trading system. The study states conditions under which agents prefer to trade on networks rather than in markets. …

first formal model of the endogenous formation of co-operative networks and their constituent member coops. We show that if …