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A survey of models of network formation: Stability and efficiency

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  • Matthew O. Jackson

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)compatibitily of overall societal welfare with individual incentives to form and sever links.

Suggested Citation

  • Matthew O. Jackson, 2003. "A survey of models of network formation: Stability and efficiency," Working Papers 1161, California Institute of Technology, Division of the Humanities and Social Sciences.
    • Handle: RePEc:clt:sswopa:1161
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    More about this item

    Keywords

    networks; network formation; efficiency; stability; allocation rules;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics

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