A survey of models of network formation: Stability and efficiency
Paper Number:
1161
Date:
03/01/2003
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.
Paper Length:
56 pages
Paper:
wp1161.pdf