Advanced Search

Papers Articles Authors Institutions Data (FRED®)

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.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://128.118.178.162/eps/game/papers/0503/0503004.pdf
Download Restriction: no

Bibliographic Info

Paper provided by EconWPA in its series Game Theory and Information with number 0503004.

as HTML HTML with abstract plain text plain text with abstract BibTeX RIS (EndNote, RefMan, ProCite) ReDIF in new window

Length: 10 pages
Date of creation: 14 Mar 2005
Date of revision:
Handle: RePEc:wpa:wuwpga:0503004

Note: Type of Document - pdf; pages: 10
Contact details of provider:
Web page: http://128.118.178.162

Related research

Keywords: networks; small worlds;

Other versions of this item:

Find related papers by JEL classification:

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

This paper has been announced in the following NEP Reports:

• NEP-ALL-2005-04-16 (All new papers)
• NEP-GTH-2005-04-16 (Game Theory)
• NEP-NET-2005-04-16 (Network Economics)

References

References listed on IDEAS
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.:

as HTML HTML with abstract plain text plain text with abstract BibTeX RIS (EndNote, RefMan, ProCite) ReDIF in new window

1. Jackson, Matthew O. & Wolinsky, Asher, 1996. "A Strategic Model of Social and Economic Networks," Journal of Economic Theory, Elsevier, vol. 71(1), pages 44-74, October.
   
   • Matthew O. Jackson & Asher Wolinsky, 1994. "A Strategic Model of Social and Economic Networks," Discussion Papers 1098, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
   • Matthew O. Jackson & Asher Wolinsky, 1995. "A Strategic Model of Social and Economic Networks," Discussion Papers 1098R, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
2. Andrea Galeotti & Sanjeev Goyal & Jurjen Kamphorst, 2003. "Network Formation with Heterogeneous Players," Economics Discussion Papers 562, University of Essex, Department of Economics.
   
   • Galeotti, Andrea & Goyal, Sanjeev & Kamphorst, Jurjen, 2006. "Network formation with heterogeneous players," Games and Economic Behavior, Elsevier, vol. 54(2), pages 353-372, February.

Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

as HTML HTML with abstract plain text plain text with abstract BibTeX RIS (EndNote, RefMan, ProCite) ReDIF in new window

Cited by:

1. Dotan Persitz, 2009. "Power in the Heterogeneous Connections Model: The Emergence of Core-Periphery Networks," Working Papers 2009.42, Fondazione Eni Enrico Mattei.
2. Carayol, Nicolas & Roux, Pascale, 2009. "Knowledge flows and the geography of networks: A strategic model of small world formation," Journal of Economic Behavior & Organization, Elsevier, vol. 71(2), pages 414-427, August.
   
   • Nicolas Carayol & Pascale Roux, 2006. "Knowledge flows and the geography of networks. A strategic model of small worlds formation," Working Papers of BETA 2006-16, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
3. Ackland, Robert & Shorish, Jamsheed, 2007. "Network Formation in the Political Blogosphere. An Application of Agent Based Simulation and e-Research Tools," Economics Series 218, Institute for Advanced Studies.
   
   • Robert Ackland & Jamsheed Shorish, 2009. "Network Formation in the Political Blogosphere: An Application of Agent Based Simulation and e-Research Tools," Computational Economics, Society for Computational Economics, vol. 34(4), pages 383-398, November.
4. Cowan, Robin & Jonard, Nicolas & Sanditov, Bulat, 2009. "Fits and Misfits: Technological Matching and R&D Networks," UNU-MERIT Working Paper Series 042, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.
   
   • Nicolas Jonard & R. Cowan & B. Sanditov, 2009. "Fits and Misfits : Technological Matching and R & D Networks," CREA Discussion Paper Series 09-12, Center for Research in Economic Analysis, University of Luxembourg.
5. Yannis M. Ioannides, 2005. "Random Graphs and Social Networks: An Economics Perspective," Discussion Papers Series, Department of Economics, Tufts University 0518, Department of Economics, Tufts University.
6. Marco van der Leij & Jaromir Kovarik, 2012. "Risk aversion and social networks," Working Papers. Serie AD 2012-01, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
7. Carayol, Nicolas & Roux, Pascale & YIldIzoGlu, Murat, 2008. "Inefficiencies in a model of spatial networks formation with positive externalities," Journal of Economic Behavior & Organization, Elsevier, vol. 67(2), pages 495-511, August.
8. Breitmoser, Yves & Vorjohann, Pauline, 2012. "Efficient structure of noisy communication networks," MPRA Paper 42862, University Library of Munich, Germany.
9. Mian, Atif & Abid, Qamar & Khwaja, Asim Ijaz, 2011. "Bank Credit And Business Networks," Scholarly Articles 4876870, Harvard Kennedy School of Government.
   
   • Khwaja, Asim Ijaz & Mian, Atif & Qamar, Abid, 2011. "Bank Credit and Business Networks," Working Paper Series rwp11-017, Harvard University, John F. Kennedy School of Government.
10. Mauro Caminati, 2012. "Self sustaining R&D networks," Department of Economics University of Siena 653, Department of Economics, University of Siena.
11. Jackson, Matthew O. & Rogers, Brian W., 2005. "Search in the formation of large networks: How random are socially generated networks?," Working Papers 1216, California Institute of Technology, Division of the Humanities and Social Sciences.
    
    • Matthew O. Jackson & Brian W. Rogers, 2005. "Search in the Formation of Large Networks: How Random are Socially Generated Networks?," Game Theory and Information 0503005, EconWPA.
12. Bandiera, Oriana & Barankay, Iwan & Rasul, Imran, 2008. "Social capital in the workplace: Evidence on its formation and consequences," Labour Economics, Elsevier, vol. 15(4), pages 724-748, August.
    
    • Bandiera, O & Barankay, I & Rasul, I, 2008. "Social capital in the workplace: Evidence on its formation and consequences," Open Access publications from University College London http://discovery.ucl.ac.u, University College London.
13. R. Andergassen & F. Nardini & M. Ricottilli, 2005. "Firms' Network Formation Through the Transmission of Heterogeneous Knowledge," Working Papers 543, Dipartimento Scienze Economiche, Universita' di Bologna.
14. Mark Bowden & Stuart McDonald, 2008. "The Impact of Interaction and Social Learning on Aggregate Expectations," Computational Economics, Society for Computational Economics, vol. 31(3), pages 289-306, April.
15. Cont, Rama & Löwe, Matthias, 2010. "Social distance, heterogeneity and social interactions," Journal of Mathematical Economics, Elsevier, vol. 46(4), pages 572-590, July.
16. Andrea Galeotti & Christian Ghiglino & Francesco Squintani, 2009. "Strategic Information Transmission in Networks," Economics Discussion Papers 668, University of Essex, Department of Economics.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpga:0503004

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

---

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.

Privacy Legal