We study the effects of institutional constraints on stability, efficiency and network formation. An exogenous … examine the impact of such societal constraints on stable/efficient architectures and on dynamics. We also study stability and … stochastic stability in the presence of decay. …

This paper provides a new model of network formation that bridges the gap between the two benchmark models by Bala and … benchmark models, in what we call an "asymmetric flow" network a link can be initiated unilaterally by any player with any other …

model. We study Nash, strict Nash and pairwise stability for the intermediate models. Efficiency and dynamics are also …We provide a model that bridges the gap between two benchmark models of strategic network formation: Jackson and …

kind of stable dynamics domain from another kind (called soft bifurcation), such as bifurcation from monotonic stability to … kinds of unstable dynamics, some very close to stability in appearance, but also an infinite number of kinds of stable …This paper analyzes the dynamics of a variant of Jones (2002) semi-endogenous growth model within the feasible …

an infinite number of kinds of unstable dynamics, some very close to stability in appearance, but also an infinite number …This paper analyzes, within its feasible parameter space, the dynamics of the Uzawa-Lucas endogenous growth model. The …. We examine the stability properties of both versions of the model and locate Hopf and transcritical bifurcation …