In this paper we investigate whether markets with heterogeneous network externalities can belocked-in by old …

One of the drivers of green consumerism are social network externalities that are associated with buying 'green …' because green consumerism is fashionable, or because of reputation effects. We analyze how the strength of this social network … network of green consumers. Depending on the strength of the social network effect, we show that (a) firms may produce lower …

We propose the dynamic network effect (DNE) model for the study of high-dimensional multivariate time series data … of latent stochastic network effects. The parameter-driven, nonlinear state-space model requires simulation …-section dimension is large and the network is dense. An empirical application on the spread of the COVID-19 pandemic through …

networks are either complete or have the stararchitecture. Moreover, the process of network formation has powerful effects on …

network. Interestingly, unconnected equilibria are asymmetric and central players may emerge. Second, I show that non …

paper continues on the work of Galeotti, Goyal and Kamphorst (2003). In their paper they investigate a model of network …