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 …

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

/T , regardless of the size of the network. In contrast, arbitrary n-player zero-sum games do not possess the fictitious … underlying network structure is acyclic. The results are shown to hold also for the discrete-time variant of fictitious play …

convergence is 1/T, regardless of the size of the network. In contrast, arbitrary n-person zero-sum games with bilinear payoff … requires a condition on bilateral payoffs or, alternatively, that the network is acyclic. Our results hold also for the …

that the completely connected network is stable, although, its exact structure, and thus contagion implications, is …

are determined by a precise relationship between the lowest eigenvalue of the network, a measure of players' payoff … study of aggregative network games, games of mixed interactions, and Bayesian network games. …

equilibrium of this default game. Next, we develop an algorithm to find all Nash equilibria that relies on the financial network …

-empty component of minimal SNN is either a branching or Bi network. This paper, therefore, contributes to the literature by providing …

Most literature in strategic network formation shows that there is a substantial tension between stability and … (2000a) and De Jaegher and Kamphorst (2015). Specifically, I show that every link receiver in a Nash network serves as an …

We introduce a simple two-stage game of endogenous network formation and information sharing for reasoning about the … then we study how the network design and the utility specifications affect welfare. Surprisingly, we find that in general … "babblers" or "friends", irrespective of whether the network is unilateral or bilateral, in equilibrium, targeted information …