Free reading is over, click to pay to read the rest ... pages
0 dollars,0 people have bought.
Reading is over. You can download the document and read it offline
0people have downloaded it
Document pages: 13 pages
Abstract: In this work we present a strategic network formation model predicting theemergence of multigroup structures. Individuals decide to form or remove linksbased on the benefits and costs those connections carry; we focus on bilateralconsent for link formation. An exogenous system specifies the frequency ofcoordination issues arising among the groups. We are interested in structuresthat arise to resolve coordination issues and, specifically, structures inwhich groups are linked through bridging, redundant, and co-membershipinterconnections. We characterize the conditions under which certain structuresare stable and study their efficiency as well as the convergence of formationdynamics.
Document pages: 13 pages
Abstract: In this work we present a strategic network formation model predicting theemergence of multigroup structures. Individuals decide to form or remove linksbased on the benefits and costs those connections carry; we focus on bilateralconsent for link formation. An exogenous system specifies the frequency ofcoordination issues arising among the groups. We are interested in structuresthat arise to resolve coordination issues and, specifically, structures inwhich groups are linked through bridging, redundant, and co-membershipinterconnections. We characterize the conditions under which certain structuresare stable and study their efficiency as well as the convergence of formationdynamics.