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Classification of Network Formation Models

Möbert, Jochen (2006):
Classification of Network Formation Models.
Darmstadt, In: Darmstadt Discussion Papers in Economics, [Online-Edition: http://econstor.eu/bitstream/10419/32063/1/534873065.PDF],
[Report]

Abstract

Social network formation models are often compared by their network structures, which satisfy specific equilibrium or welfare properties. Here, we concentrate on welfare criteria and define properties of utility function which are causal for certain network structures. We hope the identification of different properties of utility function will enhance the understanding of the relationship of different network formation models. If this line of research is continued, a kind of engineering of network formation models might arise such that actual social networks can be directly described by appropriate utility functions.

Item Type: Report
Erschienen: 2006
Creators: Möbert, Jochen
Title: Classification of Network Formation Models
Language: English
Abstract:

Social network formation models are often compared by their network structures, which satisfy specific equilibrium or welfare properties. Here, we concentrate on welfare criteria and define properties of utility function which are causal for certain network structures. We hope the identification of different properties of utility function will enhance the understanding of the relationship of different network formation models. If this line of research is continued, a kind of engineering of network formation models might arise such that actual social networks can be directly described by appropriate utility functions.

Series Name: Darmstadt Discussion Papers in Economics
Volume: 160
Place of Publication: Darmstadt
Uncontrolled Keywords: social networks, network formation, rival networks, welfare, efficiency
Divisions: 01 Department of Law and Economics
01 Department of Law and Economics > Volkswirtschaftliche Fachgebiete
Date Deposited: 16 Oct 2009 14:15
Official URL: http://econstor.eu/bitstream/10419/32063/1/534873065.PDF
Additional Information:

JEL Classification: D60, D85, L14, Z13

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