When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other … workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects … network clearing). We show that those frictions and the wage mechanism are in general not independent. Equilibria that exhibit …

We study a model of network formation and start-up financing with endogenous entrepreneurial type distribution. A hub … firm admits members to its network based on signals about entrepreneurs’ types. Network membership is observable, which … allows lenders to offer different interest rates to network and stand-alone entrepreneurs. We show that a network outcome can …

We explore network effects on generosity for different network dimensions. To this end we elicit multiple network … substantially in density, clustering, and centrality. When relating generosity to networks we observe that social distance only … matters for friendship ties but that structural network variables are important in all network dimensions. Importantly, these …

peers may also affect management, negotiation and marketing strategies. We verify that endogenous network formation …