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A Survey of Models of Network Formation: Stability and Efficiency

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  • Matthew O. Jackson

    (California Institute of Technology)

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.

Suggested Citation

  • Matthew O. Jackson, 2003. "A Survey of Models of Network Formation: Stability and Efficiency," Game Theory and Information 0303011, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpga:0303011
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    Keywords

    networks; network games; allocation rules; stable networks; efficient networks; network formation;

    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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