Jaegher, K. De; Kamphorst, J.J.A. - 2010
This paper characterizes the set of equilibrium networks in the two-way flow model of network formation with small …, this set contains large- as well as small-diameter networks. For all benefit functions, the periphery-sponsored star is the … most stable. When the marginal benefits of information are constant, all non-star networks are equally stable. With …