Stochastic Stability in Network with Decay

This paper considers a simple communication network characterized by an endogenous architecture and an imperfect transmission of information. We analyze the process of network formation in a dynamic framework where self – interested individuals can form or delete links and, occasionally, are doing mistakes. Then, using stochastic stability, we identify which network structures the formation process will converge to.

MoreLess

Year of publication:	2005-03
Authors:	Feri, Francesco
Institutions:	Fondazione ENI Enrico Mattei (FEEM)
Subject:	Network \| Decay \| Strategical interaction

More details

Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2005.40
Classification:	A14 - Sociology of Economics ; D20 - Production and Organizations. General ; J00 - Labor and Demographic Economics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005570252