Brief announcement: brokerage and closure in a strategic model of social capital

Authors:
Samuel D. Johnson;Raissa M. D'Souza
Affiliations:
University of California, Davis, Davis, CA, USA;University of California, Davis, Davis, CA, USA
Venue:
Proceedings of the 2013 ACM symposium on Principles of distributed computing
Year:
2013

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Strategic network formation with structural holes

Proceedings of the 9th ACM conference on Electronic commerce

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Abstract

This paper introduces a model of strategic network formation grounded in two disparate modes of acquiring social capital - brokerage and closure - through the unification of a dual-level view of interactions between individuals and between groups of individuals referred to as structural autonomy. After motivating and introducing the model, we establish the existence of equilibrium and propose interesting open questions and extensions to the basic model for future research.