In recent work on non-cooperative network formation star-shaped networks play an important role. In a particular … slight modification of Bala and Goyal’s model, we design a network formation experiment in which, depending on link costs … behavior in network formation situations and which makes coordination on stars much easier than simultaneous strategy …

nominations. Such rent-seeking results in excessive network formation. Political parties may reduce wasteful network formation …

Social network formation models are often compared by their network structures, which satisfy specific equilibrium or … 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 …

We present a model of network formation where entering nodes find other nodes to link to both completely at random and …

This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the basic Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by …

Noncooperative network-formation games in oligopolies analyze optimal connection structures that emerge when linking …