, 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 …

financial institutions. Focusing on a multi sector economy linked through a supply network, we show how structural properties of … the supply network determine both whether aggregate volatility disappears as the number of sectors increases (i … aggregate output from its mean) to sector-specific volatility and to the structural properties of the supply network …

We estimate the demand for a videocalling technology in the presence of both network effects and heterogeneity. Using a … the evolution of the network from observed and unobserved heterogeneity in technology adoption costs and use benefits. We … find that employees have significant heterogeneity in both adoption costs and network benefits, and have preferences for …

This chapter develops a unified framework for the study of how network interactions can function as a mechanism for … small, we provide a fairly complete characterization of the structure of equilibrium, clarifying the role of network … literature on the role of network linkages in fostering systemic risk …