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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 …
Persistent link: https://www.econbiz.de/10010360337
methodological tools assessing network characteristics at the dyadic level are lacking for aggregated networks (such as the network … knowledge flows. To do so we first define a new measure to assess 'network proximity' at the level of the regional dyad, based … European countries (France, Germany, Italy, Spain, the United Kingdom). The studied network is then composed of all the …
Persistent link: https://www.econbiz.de/10011487789
third partners. We propose a micro perspective to understand how endogenous network effects, cognitive proximity of actors … and their interplay influence the evolutionary process of network formation in clusters. …
Persistent link: https://www.econbiz.de/10011757587
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Informal inter-organizational networks provide manifold opportunities to organize the transfer of information, knowledge and technology between actors. Given their potential and their importance, the lack of theoretical discussion and empirical research on informal networks and their dynamics is...
Persistent link: https://www.econbiz.de/10008748648
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 …
Persistent link: https://www.econbiz.de/10011397182
, incomplete and irregular network can be stable, with firms observing high variance signals acting as "critical nodes". Finally …, when signals are correlated, the empty network may not be pairwise stable when the number of firms and/or correlation are …
Persistent link: https://www.econbiz.de/10009731783
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 …
Persistent link: https://www.econbiz.de/10010253459