We present an economic experiment on network formation, in which subjects can decide to form links to one another … Goyal (2000). They distinguish between two scenarios regarding the flow of benefits through a network, the so-called 1-way … asymmetry, i.e., payoff inequity, plays an important role in the network formation process. …

Delinquents are embedded in a network of relationships. Social ties among delinquents are modeled by means of a graph … non-cooperative way how much delinquency effort he will exert. Using the network model developed by Ballester et al. (2006 … characterization of optimal single player network removal for delinquency reduction, the key player, to optimal group removal, the key …

This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the basic Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by … network has a star structure. We find that with homogeneous agents, equilibrium predictions fail completely. In contrast, with …

network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …

search-matching economies. Second, our results show that even though the traditional results of bargaining theory apply in …