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We characterize dynamic rational addiction to a harmful product by an informed individual who is connected to a network of users of the addictive product. The network harms the individual and imposes peer pressure on her to consume the addictive product. The network contributes to the state...
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We present a model of participation in elections in small networks, in which citizens suþer from cross-pressures if voting against the alternative preferred by some of their social contacts. We analyze how the existence of cross-pressures may shape voting decisions, and so, political outcomes;...
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This paper considers a simple communication network characterized by an endogenous architecture and an imperfect transmission of information. We analyze the process of network formation in a dynamic framework where self - interested individuals can form or delete links and, occasionally, are...
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