DC Field | Value | Language |
---|---|---|
dc.contributor.author | Shin, Euncheol | ko |
dc.date.accessioned | 2021-06-12T08:10:22Z | - |
dc.date.available | 2021-06-12T08:10:22Z | - |
dc.date.created | 2021-03-24 | - |
dc.date.created | 2021-03-24 | - |
dc.date.issued | 2021-05 | - |
dc.identifier.citation | MATHEMATICAL SOCIAL SCIENCES, v.111, pp.34 - 54 | - |
dc.identifier.issn | 0165-4896 | - |
dc.identifier.uri | http://hdl.handle.net/10203/285803 | - |
dc.description.abstract | This paper presents a bilateral network formation model that explains why some empirical degree distributions exhibit the increasing hazard rate property (IHRP). In my model, a sequentially arriving node forms a link with an existing node through a bilateral agreement. This newborn node prefers a highly linked node; however, the more links an existing node have, the more the marginal return from an additional link diminishes. I prove that the IHRP emerges if and only if the latter effect prevails over the former. I provide two implications of the IHRP. First, I show that the IHRP is related to the existence of equilibria in network games with strategic complementarities. Second, I fit the model to empirical degree distributions and demonstrate that the IHRP is more likely to be observed in social and economic networks. For those networks, my model also exhibits a higher data-fitting performance than other distributions. | - |
dc.language | English | - |
dc.publisher | ELSEVIER | - |
dc.title | Social Network Formation and Strategic Interaction in Large Networks | - |
dc.type | Article | - |
dc.identifier.wosid | 000649635100005 | - |
dc.identifier.scopusid | 2-s2.0-85104296593 | - |
dc.type.rims | ART | - |
dc.citation.volume | 111 | - |
dc.citation.beginningpage | 34 | - |
dc.citation.endingpage | 54 | - |
dc.citation.publicationname | MATHEMATICAL SOCIAL SCIENCES | - |
dc.identifier.doi | 10.1016/j.mathsocsci.2021.01.006 | - |
dc.contributor.localauthor | Shin, Euncheol | - |
dc.description.isOpenAccess | N | - |
dc.type.journalArticle | Article | - |
dc.subject.keywordAuthor | Degree distribution | - |
dc.subject.keywordAuthor | Increasing hazard rate property | - |
dc.subject.keywordAuthor | Network game | - |
dc.subject.keywordAuthor | Random network | - |
dc.subject.keywordPlus | MODEL | - |
dc.subject.keywordPlus | DISTRIBUTIONS | - |
dc.subject.keywordPlus | GRAPHS | - |
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