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Consensus through connections

Author

Listed:
  • Sarkhel, Manish
  • Gupta, Sonakshi

Abstract

A network formation model with linear–quadratic costs and strategic complementarities between agents highlighting group cohesion resulting from bilateral agreements is developed. Implications for stability under different network structures are discussed.

Suggested Citation

  • Sarkhel, Manish & Gupta, Sonakshi, 2023. "Consensus through connections," Economics Letters, Elsevier, vol. 232(C).
    • Handle: RePEc:eee:ecolet:v:232:y:2023:i:c:s0165176523003555
    DOI: 10.1016/j.econlet.2023.111330
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    References listed on IDEAS

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    1. Yann Bramoullé & Habiba Djebbari & Bernard Fortin, 2020. "Peer Effects in Networks: A Survey," Annual Review of Economics, Annual Reviews, vol. 12(1), pages 603-629, August.
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    7. Venkatesh Bala & Sanjeev Goyal, 2000. "A Noncooperative Model of Network Formation," Econometrica, Econometric Society, vol. 68(5), pages 1181-1230, September.
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