, summary network parameters (e.g., the degree distribution or transitivity index); and (iii) empirical models of strategic … network formation admitting interdependencies in preferences. Current research challenges and open questions are also …

This paper presents and structurally estimates a model of endogenous network formation and legislative activity of … of Congress as exogenously given and instead embed it in a model of endogenous network formation useful for developing …

We develop a theoretical model of security investments in a network of interconnected agents. Network connections … strategic substitutes. In a general (non-symmetric) network, this implies that underinvestment by some agents will encourage … symmetric or locally tree-like. We also characterize the impact of network structure on equilibrium and optimal investments …

A network/search view of international trade in differentiated products is proposed. It is shown that this view can …

of human capital and even the formulation of norms and values. The systematic empirical study of network formation - the … article reviews prominent research on the empirical analysis of network formation, with an emphasis on contributions made by …

costlessly hardened' and passed along within the hierarchy. As a concrete application of the theory, the paper discusses the …, this is exactly what the theory would lead one to expect …

We present a theory of the organization of work in an economy where knowledge is an essential input in production: a … may produce on their own or in organizations. Our theory generates an assignment of workers to positions, a wage structure … referral markets. We use our theory to study the impact of information and communication technology, and contrast its …