Making a Swap: Network Formation with Increasing Marginal Costs.
I propose a general theory of strategic network formation based on increasing marginal linking costs and vertical heterogeneity among the players. In the spirit of revealed preference, I describe the entire set of graphs that can be stable, without making any parametric assumptions about players' pr...
| Publicado en: | Journal of Political Economy Vol. 134; no. 8; pp. 2362 - 2395 |
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| Formato: | Artículo |
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University of Chicago Press
Aug2026
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=196481396&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 196481396 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00223808 JPE jtl: Journal of Political Economy issn: 00223808 maglogo: N pubinfo: dt: Aug2026 vid: 134 iid: 8 pid: 415 pub: University of Chicago Press artinfo: ui: 196481396 10.1086/741274 ppf: 2362 ppct: 33 formats: tig: atl: Making a Swap: Network Formation with Increasing Marginal Costs. aug: au: Sadler, Evan affil: Columbia University su: Social network theory Heterogeneity Computer networks Marginal pricing Clustering algorithms Graph theory sug: subj: Social network theory Heterogeneity Computer networks Computer Systems Design Services Marginal pricing Clustering algorithms Graph theory ab: I propose a general theory of strategic network formation based on increasing marginal linking costs and vertical heterogeneity among the players. In the spirit of revealed preference, I describe the entire set of graphs that can be stable, without making any parametric assumptions about players' preferences. Stable graphs feature assortativity and clustering, and I highlight conditions that lead to hierarchies and cliquish behavior. Extensions shed light on which findings are robust and which are more fragile. Collectively, these results map interpretable properties of preferences to particular network structures and furnish new tools to study strategic network formation. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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