pairwise stable network as an absorbing state, stochastic stability in two perturbed processes provides a significant … concentration on each side of the market of a random information shock. The analysis captures stylized facts, related to market … fragmentation, concentration and contagion asymmetry, in several two-sided economies. …

.g. geographical distance between regions). ERGMs represent a new set of network analysis techniques that have been developed in recent … determinants at the structural network level while still only requiring cross-sectional network data. The usefulness of ERGMs is … illustrated by an empirical study on the structure of the cross-regional R and D collaboration network of the German chemical …