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A Survey of Models of Network Formation: Stability and E±ciency

Jackson, Matthew O. (2005) A Survey of Models of Network Formation: Stability and E±ciency. In: Group formation in economics: networks, clubs, and coalitions. Cambridge University Press , Cambridge, UK. ISBN 0521842719 (In Press) http://resolver.caltech.edu/CaltechAUTHORS:JACgfe04

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Abstract

I survey the recent literature on the formation of networks. I provide definitions of network games, a number of examples of models from the literature, and discuss some of what is known about the (in)compatibility of overall societal welfare with individual incentives to form and sever links.


Item Type:Book Section
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http://www.stanford.edu/~jacksonm/netsurv.pdfAuthorUNSPECIFIED
Additional Information:This was written for the volume Group Formation in Economics: Networks, Clubs, and Coalitions, edited by Gabrielle Demange and Myrna Wooders, which is forthcoming from Cambridge University Press: Cambridge. I thank Jernej Copic, Gabrielle Demange, Sanjeev Goyal, and Anne van den Nouweland for comments on earlier drafts. Financial support from the Lee Center for Advanced Networking is gratefully acknowledged.
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Funding AgencyGrant Number
Lee Center for Advanced Networking, CaltechUNSPECIFIED
Subject Keywords:Networks, Network Games, Network Formation, Game Theory, Allocation Rules, Pairwise Stability, Efficient Networks
Record Number:CaltechAUTHORS:JACgfe04
Persistent URL:http://resolver.caltech.edu/CaltechAUTHORS:JACgfe04
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ID Code:12791
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Deposited On:24 Dec 2008 17:01
Last Modified:26 Dec 2012 10:40

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