@Article{jackson02a,
  author =	 {Matthew O. Jackson and Alison Watts},
  title =	 {The Evolution of Social and Economic Networks},
  journal =	 {Journal of Economic Theory},
  year =	 2002,
  volume =	 106,
  pages =	 {265--295},
  abstract =	 {We examine the dynamic formation and stochastic
                  evolution of networks connecting individuals. The
                  payoff to an individual from an economic or social
                  activity depends on the network of connections among
                  individuals. Over time individuals form and sever
                  links connecting themselves to other individuals
                  based on the improvement that the resulting network
                  offers them relative to the current network. In
                  addition to intended changes in the network there is
                  a small probability of unintended changes or
                  errors. Predictions can be made regarding the
                  likelihood that the stochastic process will lead to
                  any given network at some time, where the stochastic
                  process selects from among the statically stable
                  networks and cycles. We apply these results to
                  examples including the Gale-Shapley marriage
                  problem. Thus the paper achieves two goals. First,
                  it outlines a dynamic solution concept for
                  networks. Second, it applies this concept to
                  matching problems.},
  keywords =     {economics social-networks},
  url = 	 {http://jmvidal.cse.sc.edu/library/jackson02a.pdf},
  doi = 	 {10.1006/jeth.2001.2903h},
  googleid = 	 {2AlId0rgl8EJ:scholar.google.com/},
  cluster = 	 {13949864981236812248}
}