efficient network maximizing social welfare, and find that the efficient graph is either empty, complete or shows a strong core … counterfactual analyses, taking into account that the network and production can dynamically adjust to shocks or policy interventions ….6%. Our study further reveals that when ignoring the network structure the impact of firm exit or mergers is significantly …

the interplay between knowledge diffusion and network formation can give rise to a cyclical pattern in the collaboration … large R&D collaboration network over the years 1985 to 2011. We then study the efficient network structure, compare it to … the decentralized equilibrium structures generated, and design an optimal network policy to maximize welfare in the …

natural exogenous variation in network formation induced by the land occupation movement and the agrarian reform. By using …

natural exogenous variation in network formation induced by the land occupation movement and the agrarian reform. By using …

natural exogenous variation in network formation induced by the land occupation movement and the agrarian reform. By using …

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 …

both, the network of R&D collaborations as well as the market structure, are endogenously determined. We show that the … coevolution of market and network structure matter for the relationship between competition and innovation. Moreover, our model … allows us to explain differences in the R&D network structures observed across different industries, and how they are related …

of the agreement form an information network. The network's members optimally specialize based on their opportunities in … particular aspects of the technology or in expanding or managing the network. Endogenously there are incentives to standardize on … designs and descriptions of the technology. A tinkerer in the network who sees an opportunity to produce a profitable product …