Quivers and moduli spaces of pointed curves of genus zero

We construct moduli spaces of representations of quivers over arbitrary schemes and show how moduli spaces of pointed curves of genus zero like the Grothendieck-Knudsen moduli spaces $\overline{M}_{0,n}$ and the Losev-Manin moduli spaces $\overline{L}_n$ can be interpreted as inverse limits of moduli spaces of representations of certain bipartite quivers. We also investigate the case of more general Hassett moduli spaces $\overline{M}_{0,a}$ of weighted pointed stable curves of genus zero.