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I study a one-way flow connections model in which players are heterogeneous with respect to values and the costs of establishing a link. I first show that values and costs asymmetries are crucial in determining the level of connectedness of a network. Interestingly, unconnected equilibria are...
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I examine a search model a la' Burdett and Judd (1983). Consumers are embedded in a consumers network, they may costly search for price quotations and the information gathered are non-excludable along direct links. This allows me to explore the effect of endogenous consumers externalities on...
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Introduction -- Networks : concepts and empirics -- Games on networks -- Coordination and cooperation -- Social learning -- Social networks in labor markets -- Strategic network formation : concepts -- One-sided link formation -- Two-sided link formation -- Research collaboration among firms
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