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 …

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. …

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 … a 'random matching process' of the agents at the micro level, we are able to derive a closed form of the total expected …

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 …

, 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 …

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 …