Interaction among multiple agents to exchange resources or information is interpreted as network interaction in the … field of social sciences. The strategic formation of these network links has been formalized both as cooperative and … stable and efficient networks are a unique type of flower network. Further, by generalizing the value of paths connecting …

are not bounded away from zero and the network is sufficiently connected and has identifiable information paths. If search … as in the complete network. The density of indirect connections affects convergence rates. Network transparency has short …

This paper studies information acquisition and use in network games. The network structure incorporates both strategic … complements (positive links) and substitutes (negative links). An information-use game played on a correlation-adjusted network is …

We study the endogenous network formation of bilateral and multilateral trade agreements by means of hypergraphs and …

because they form nodes in a communication network. However, communication through the network is distorted, which could … preclude the emergence of collective action among citizens. The network structure and the distortion level are determinants of …

, and a willingness to pay for connectivity. A planner aims at implementing a welfare maximizing network and allocating the …

We consider a generalization of the Minimum Cost Spanning Tree (MCST) model dubbed the Minimum Cost Connection Network … (MCCN) model, where network users have connection demands in the form of a pair of target nodes they want connected directly …, or indirectly. Given a network which satisfies all connection demands at minimum cost, the problem consists of allocating …

Theoretical models on network formation focus mostly on the stability and efficiency of equilibria, but they cannot … starting network. To study factors affecting equilibrium selection, we designed a network formation experiment with multiple … stage in which the network is disrupted. This setting allows us to analyze the interplay between the need for farsightedness …

placing its data on others’ storage devices, given the prevailing data loss rate in the network. The cost function of an agent … captures the cost that the agent incurs to maintain links in the network. With this utility function, we analyze what network … exists a pairwise stable network, which is also efficient. We show that all pairwise stable networks are efficient, and hence …