Article ID Journal Published Year Pages File Type
5057972 Economics Letters 2016 4 Pages PDF
Abstract

•A model of network formation with the possibility of node failure has been analysed.•Players receive benefits from connecting directly and indirectly through costly links.•Conditions are identified for Nash and efficient networks.•The conditions involve notion of k-Node Super Connectivity.

We examine a non-cooperative model of network formation where players may stop functioning. We identify conditions under which Nash and efficient networks will remain connected after the loss of k nodes by introducing the notion of k-Node Super Connectivity.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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