
handle: 10419/87439
Social networks, be it on the internet or in real life, facilitate information flows. We model this by giving agents incentives to link with others and receive information through those links. In many networks agents will value confirmation of the information they receive from others. Our paper analyzes the impact such a need for confirmation has on the social networks which are formed. We first study the existence of Nash equilibria and then characterize the set of strict Nash networks. Next, we characterize the set of strictly efficient networks and discuss the relationship between strictly efficient networks and strict Nash networks.
C72 - Noncooperative Games, Informationsverbreitung, ddc:330, R&D COLLABORATION;NETWORK FORMATION;MULTI-MARKET OLIGOPOLIES, Network Formation, Nash-Gleichgewicht, Soziales Netzwerk, confirmation, C72, connections model, confirmation, two-way flow models., con rmation, Nichtkooperatives Spiel, connections model, connections model, confirmation, two-way flow models, two-way ow models, [SHS.ECO] Humanities and Social Sciences/Economics and Finance, D85, Noncooperative Games, D85 - Network Formation and Analysis: Theory, two-way flow models, Theorie, jel: jel:D85, jel: jel:C72
C72 - Noncooperative Games, Informationsverbreitung, ddc:330, R&D COLLABORATION;NETWORK FORMATION;MULTI-MARKET OLIGOPOLIES, Network Formation, Nash-Gleichgewicht, Soziales Netzwerk, confirmation, C72, connections model, confirmation, two-way flow models., con rmation, Nichtkooperatives Spiel, connections model, connections model, confirmation, two-way flow models, two-way ow models, [SHS.ECO] Humanities and Social Sciences/Economics and Finance, D85, Noncooperative Games, D85 - Network Formation and Analysis: Theory, two-way flow models, Theorie, jel: jel:D85, jel: jel:C72
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