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Clustering, Cooperation, and Search in Social Networks

Vega-Redondo, Fernando and Marsili, Matteo and Slanina, Frantisek (2005) 'Clustering, Cooperation, and Search in Social Networks.' Journal of the European Economic Association, 3 (2-3). pp. 628-638. ISSN 1542-4766

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Abstract

The paper discusses the important role of clustering in the evolution of social networks, as it affects not only the incentives of players to cooperate but also their ability to search for fresh opportunities. Depending on the volatility of the environment and the social convention in place, we show that network clustering endogenously adapts to achieve and maintain, to the extent possible, a state of high social connectivity in the long run.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics, Department of
Depositing User: Jim Jamieson
Date Deposited: 06 Jan 2013 15:22
Last Modified: 06 Jan 2013 15:22
URI: http://repository.essex.ac.uk/id/eprint/4984

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