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We study the structure of pairwise stable networks from a very general point. Rather than assuming a particular … empty or complete network are always pairwise stable, stable symmetric networks exist, or stable networks with a connected … networks: they are nested split graphs (NSG). We illustrate these results with many examples from the literature, including …
Persistent link: https://www.econbiz.de/10010386357
determines the structures of networks. In our model, agents are endowed with their own multidimensional characteristics and their … stable networks, and analyze how they are related to the way agents measure social distances. The model predicts the small …-formation costs, the model also accommodates other well documented empirical patterns of social networks such as skewed degree …
Persistent link: https://www.econbiz.de/10011705107
We survey the literature on social networks by putting together the economics, sociological and physics … network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does … not explain why they emerge. On the contrary, the economics approach is very precise in explaining why networks emerge but …
Persistent link: https://www.econbiz.de/10008502564
We provide an overview on networks in economics. We first look at the theoretical aspects of network economics using a … game-theoretical approach. We derive some results on games on networks and network formation. We also study what happens … empirical-relevant questions by mainly focusing on labor-market networks and crime networks. We provide some empirical evidence …
Persistent link: https://www.econbiz.de/10011083628
We survey the literature on social networks by putting together the economics, sociological and physics … network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does … not explain why they emerge. On the contrary, the economics approach is very precise in explaining why networks emerge but …
Persistent link: https://www.econbiz.de/10008558948
We study the structure of pairwise stable networks from a very general point. Rather than assuming a particular … empty or complete network are always pairwise stable, stable symmetric networks exist, or stable networks with a connected … networks: they are nested split graphs (NSG). We illustrate these results with many examples from the literature, including …
Persistent link: https://www.econbiz.de/10010897075
We survey the literature on social networks by putting together the economics, sociological and physics … network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does … not explain why they emerge. On the contrary, the economics approach is very precise in explaining why networks emerge but …
Persistent link: https://www.econbiz.de/10008557014
We study the stability properties of organizations in partition function games, describing cooperative situations with externalities. An organization is defined as a group of agents, together with a set of bilateral relations, formally, a connected graph. Because of the presence of...
Persistent link: https://www.econbiz.de/10011335721
We study the stability properties of organizations in partition function games, describing cooperative situations with externalities. An organization is defined as a group of agents, together with a set of bilateral relations, formally, a connected graph. Because of the presence of...
Persistent link: https://www.econbiz.de/10011597403
) coalitional equilibrium, describe a (cooperative) partition form game. A coalition is core-stable if the core of a suitable …
Persistent link: https://www.econbiz.de/10010273875