changes to the network structure on the unraveling of the market towards early hiring. Moreover, we show that an efficient …

network structure. We provide a general characterization of both equilibrium networks and endogenous production choices, and … compare it to the efficient network architecture. We also allow for firms to differ in their technological characteristics …, investigate how this affects their propensity to collaborate and study the resulting network architecture. …

We present a network model of the interbank market in which optimizing risk averse banks lend to each other and invest … sale externalities. The resulting network configurations exhibits a core-periphery structure, dis-assortative behavior and … low clustering coefficient. We measure systemic importance by means of network centrality and input-output metrics and the …

the collaboration network researchers create spillovers not only to their direct coauthors but also to researchers …

Analyzing the topological properties of the network of shareholding relationships among the Euro Area banks we evaluate … distribution of the European banking network displays power laws in both the binary and the weighted case. We also ?nd that the …

network that connects them. We find that information supports cooperation by increasing trust between players, and obtain the … 'radius of trust': an endogenous network listing the potentially cooperative relationships between pairs of players in a … community. We identify two aspects of trust, which relate to the network structure in different ways. Where trust depends on the …

In this paper we introduce a stochastic network formation model where agents choose both actions and links. Neighbors … in the network benefit from each other's action levels through local complementarities and there exists a global …