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A survey of models of network formation: Stability and efficiency

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Author Info
Matthew O. Jackson

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

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File URL: http://www.hss.caltech.edu/SSPapers/wp1161.pdf
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Paper provided by California Institute of Technology, Division of the Humanities and Social Sciences in its series Working Papers with number 1161.

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Length: 56 pages
Date of creation: Mar 2003
Date of revision:
Publication status: Published: 2004 - "Group Formation in Econmics: Networks, Clubs & Coalitions" Cambridge U Press
Handle: RePEc:clt:sswopa:1161

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Postal: Working Paper Assistant, Division of the Humanities and Social Sciences, 228-77, Caltech, Pasadena CA 91125
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Keywords: networks; network formation; efficiency; stability; allocation rules;

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