Abstract
A brief introduction and overview of models of the formation of networks is given, with a focus on two types of model. The first views networks as arising stochastically, and uses random graph theory, while the second views the links in a network as social or economic relationships chosen by the involved parties, and uses game theoretic reasoning.
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Jackson, M.O. (2018). Network Formation. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1984
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DOI: https://doi.org/10.1057/978-1-349-95189-5_1984
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