This paper surveys a variety of topics related to network economics. Topics covered include: consumer demand under … network effects, compatibility decisions and standardization, technology advances in network industries, two-sided markets …

We study a model of network formation and start-up financing with endogenous entrepreneurial type distribution. A hub … firm admits members to its network based on signals about entrepreneurs' types. Network membership is observable, which … allows lenders to offer different interest rates to network and stand-alone entrepreneurs. We show that a network outcome can …

aims at systemizing and enhancing scientific theory of network economies according to the particularities of transport …

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 …

network. Interestingly, unconnected equilibria are asymmetric and central players may emerge. Second, I show that non …

paper continues on the work of Galeotti, Goyal and Kamphorst (2003). In their paper they investigate a model of network …

This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the basic Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by … network has a star structure. We find that with homogeneous agents, equilibrium predictions fail completely. In contrast, with …

network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …

This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by allowing … private information. In all treatments, the (efficient) equilibrium network has a "star" structure. With homogeneous agents …