Classification of Network Formation Models
AbstractSocial network formation models are often compared by their network structures, which satisfy specific equilibrium or welfare properties. Here, we concentrate on welfare criteria and define properties of utility function which are causal for certain network structures. We hope the identification of different properties of utility function will enhance the understanding of the relationship of different network formation models. If this line of research is continued, a kind of engineering of network formation models might arise such that actual social networks can be directly described by appropriate utility functions.
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Bibliographic InfoPaper provided by Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute of Economics (VWL) in its series Darmstadt Discussion Papers in Economics with number 36781.
Date of creation: Mar 2006
Date of revision:
Publication status: Published in Darmstadt Discussion Papers in Economics . 160 (2006-03)
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social networks; network formation; rival networks; welfare; efficiency;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Möbert, Jochen, 2006. "Jefficiency vs. Efficiency in Social Network Models," Darmstadt Discussion Papers in Economics 36779, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute of Economics (VWL).
- repec:dar:vpaper:25376 is not listed on IDEAS
- repec:dar:vpaper:36779 is not listed on IDEAS
- Venkatesh Bala & Sanjeev Goyal, 2000. "A Noncooperative Model of Network Formation," Econometrica, Econometric Society, vol. 68(5), pages 1181-1230, September.
- Nicolas Carayol & Pascale Roux, 2006. "A strategic model of complex networks formation," Working Papers of BETA 2006-02, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
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