Network formation with closeness incentives
Buechel B (2007) Working Papers. Institute of Mathematical Economics; 395.
Bielefeld: Universität Bielefeld.
Diskussionspapier
| Veröffentlicht | Englisch
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Autor*in
Buechel, Berno
Einrichtung
Abstract / Bemerkung
We study network formation in a strategic setting where every agent strives for short paths to the other agents. The main parameter of our model is the marginal rate of substitution between network benefits and linking costs. We provide boundaries of stable networks for increasing and decreasing marginal returns.
The formulated model stands in strong relation to the famous connections model (Jackson & Wolinsky '96): we show that for certain parameter values both models induce the same network structures.
Stichworte
Decreasing returns;
Closeness centrality;
Connections;
Increasing returns;
Networks
Erscheinungsjahr
2007
Band
395
ISSN
0931-6558
Page URI
https://pub.uni-bielefeld.de/record/2315673
Zitieren
Buechel B. Network formation with closeness incentives. Working Papers. Institute of Mathematical Economics. Vol 395. Bielefeld: Universität Bielefeld; 2007.
Buechel, B. (2007). Network formation with closeness incentives (Working Papers. Institute of Mathematical Economics, 395). Bielefeld: Universität Bielefeld.
Buechel, B. (2007). Network formation with closeness incentives. Working Papers. Institute of Mathematical Economics, 395, Bielefeld: Universität Bielefeld.
Buechel, B., 2007. Network formation with closeness incentives, Working Papers. Institute of Mathematical Economics, no.395, Bielefeld: Universität Bielefeld.
B. Buechel, Network formation with closeness incentives, Working Papers. Institute of Mathematical Economics, vol. 395, Bielefeld: Universität Bielefeld, 2007.
Buechel, B.: Network formation with closeness incentives. Working Papers. Institute of Mathematical Economics, 395. Universität Bielefeld, Bielefeld (2007).
Buechel, Berno. Network formation with closeness incentives. Bielefeld: Universität Bielefeld, 2007. Working Papers. Institute of Mathematical Economics. 395.