other firms in the production network. We compare the equilibrium and optimal allocations in a general equilibrium model … policies that implement the first-best allocation, allowing for subsidies to input purchases, network formation, and … subsidies to transactions are infeasible, the second-best subsidies for resilience and network formation depend on production …

The adoption and diffusion of inputs in the production network is at the heart of technological progress. What … from a network perspective, starting from a stylized model of network formation. Producers direct their search for new … inputs along vertical linkages, screening the network neighborhood of existing suppliers to identify potentially useful …

We explore the properties of a credit network characterized by inside credit - i.e. credit relationships connecting … of the network changes over time due to the preferred-partner choice rule: each agent chooses the partner who charges the …

) model as a flexible representation of stochastic dynamics. The TQAR model can identify zones of stability/instability and …

setting with data from experiments involving members of a single connected network. The class includes null hypotheses that … have no effect. We also consider hypotheses concerning the validity of sparsification of a network (for example based on …

We develop and analyze a tractable empirical model for strategic network formation that can be estimated with data from … a single network at a single point in time. We model the network formation as a sequential process where in each period …, the characteristics of the potential partner, and on features of the current state of the network, such as whether the two …