This paper considers a model of economic network characterized by an endogenous architecture and frictions in the … relations among agents as described in Bala and Goyal (2000). We propose a similar network model with the difference that …

This paper considers a communication network characterized by an endogenous architecture and an imperfect transmission … of information as in Bala and Goyal (2000). We propose a similar network's model with the difference that it is … dominant. Differently from other models, where the network represents only a channel to obtain information or to play a game …

networks with different types of transactions. The first network is the money market network, which is driven by banks …' behaviour on the interbank market, the second is the network of customer driven transactions, which is driven by banks … literature on network topological analysis of payment systems. …

To this day, the Internet holds the promise of uniting all people in a global communication network. However, in recent … fragmentation of the Internet. Drawing on network theory, this article retraces the conflicts and developments that have shaped the … to consolidate power over subnetworks are changing the structures of the global network. This change is accompanied by a …