identifying network effects on economic outcomes is first discussed, followed by solutions to this problem that have been put …

adoption and growth in a setting which incorporates positive network externalities. The resulting stock market bubble, induced … attributed to network formation. Under the proposed framework, uncertainty may improve long-term growth. Associating a productive …

We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … industrial revolution, followed by decreasing relative inequality. Knowledge diffusion through a Small World network explains the …

We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … industrial revolution. Knowledge diffusion through a Small World network produces an extraordinary diversity of individual growth …

We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … industrial revolution. Knowledge diffusion through a Small World network produces an extraordinary diversity of individual growth …

This paper investigates the impact on the network growth of the level of merchant discount, the level of Multilateral … Interchange Fee (MIF), and the consumers' and the merchants' awareness of positive network effects. In an artificial market, in … which issuers and acquirers belong to the same network, we simulate explicitly the interactions among consumers and …