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A Survey of Models of Network Formation: Stability and Efficiency

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

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Paper provided by Grand Coalition Web Site in its series Grand Coalition with number 16.

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Handle: RePEc:gco:abcdef:16

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Keywords: Networks Network Games Network Formation Game Theory Allocation

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