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 …

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 …

financial shocks. In our framework, economic production is organized in an input-output network in which firms face financial … constraints on their working capital. We show how sectoral financial shocks propagate through the network and manifest at the … of each channel depends on the overall network architecture and the location of shocks. Finally, we calibrate our model …

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 …

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 …

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 …