Network Formation in the Presence of Contagious RiskEI

摘要

There are a number of domains where agents must collectively form a network in the face of the following trade-off: each agent receives benefits from the direct links it forms to others, but these links expose it to the risk of being hit by a cascading failure that might spread over multistep paths. Financial contagion, epidemic disease, the exposure of covert organizations to discovery, and electrical power networks are all settings in which such issues have been articulated. Here we formulate the problem in terms of strategic networ...更多
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ACM Trans. Economics and Comput., , ArticleNo.6, 2013.

被引用次数101|引用|13
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