We consider a non-cooperative model of information networks where communication is costly and not fully reliable. We … examine the nature of Nash networks and efficient networks. …

We develop a dynamic model to study the formation of communication networks. In this model, individuals periodically …

simple model of strategic networks which captures two distinctive features of such collaboration activity: bilateral … stable networks. Our analysis highlights the interaction between market competition and R&D network structure. We find that … circumstances, such asymmetric collaboration networks are also strategically stable. By contrast, if firms operate in independent …

stable networks. Our analysis reveals that in a setting where firms are ex-ante identical, strategically stable networks are … characterize such asymmetric networks; the dominant group architecture, stars, and inter-linked stars are found to be stable. In … asymmetric networks, the firms with many links have lower costs of production as compared to firms with few links. Thus …