Non-myopic formation of circle networks

被引:16
作者
Watts, A [1 ]
机构
[1] So Illinois Univ, Dept Econ, Carbondale, IL 62901 USA
关键词
networks; non-myopic agents;
D O I
10.1016/S0165-1765(01)00540-7
中图分类号
F [经济];
学科分类号
02 ;
摘要
We examine the dynamic formation of networks by self-interested individuals who can form and sever links. We assume that agents are initially unconnected, that the cost of forming a first link exceeds its benefits, and that indirect links are valuable. We show that if agents are non-myopic then it is possible for a network shaped Eke a circle to form. (C) 2002 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:277 / 282
页数:6
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