Published April 2005
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Journal Article
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The Economics of Small Worlds
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Abstract
We examine a simple economic model of network formation where agents benefit from indirect relationships. We show that small-world features—short path lengths between nodes together with highly clustered link structures—necessarily emerge for a wide set of parameters.
Additional Information
© 2005 European Economic Association Posted Online March 13, 2006. Financial support under NSF Grant no. SES-0316493 is gratefully acknowledged, as is support from the Lee Center for Advanced Networking and a SISL/IST fellowship. We thank Fernando Vega-Redondo for the opportunity to present in this session and, along with Matthias Dahm and an anonymous referee, for comments on an earlier version of this paper.Attached Files
Published - JACjeea05.pdf
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JACjeea05.pdf
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- 4103
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- CaltechAUTHORS:JACjeea05
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2006-07-27Created from EPrint's datestamp field
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2021-11-08Created from EPrint's last_modified field