stable and efficient networks in a variety of contexts and under several definitions of efficiency. …This paper studies the formation of networks among individuals. The focus is on the compatibility of overall societal … subject, and also provides new results on the existence of pairwise-stable networks and the relationship between pairwise …

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 …

model. We study Nash, strict Nash and pairwise stability for the intermediate models. Efficiency and dynamics are also …

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 …

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 …

features that have been found to characterize large socially generated networks. Moreover, we derive the distribution of degree … lower tail may exhibit substantial curvature, just as in observed networks. We then fit the model to data from six networks …. Besides offering a close fit of these diverse networks, the model allows us to impute the relative importance of search versus …

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 …