We present experiments on repeated non-cooperative network formation games, based on Bala and Goyal (2000). We treat … coordination problems. We conduct experiments under various conditions which control for salient labeling and learning dynamics …. Contrary to previous experiments, we find that coordination on non-empty Strict Nash equilibria is not an easy task for …

according to a better reply dynamics. In the long run the system settles in a state that consists of starred-wheel networks …. This is reminiscent of some real world features. Collections of smaller disjoint networks connecting few agents are more … common than global networks connecting all agents of the community. Di.erences within a connected component such as core and …

Many social and economic networks emerge among actors that only partially observe the network when forming network ties … inefficient networks but instead might actually inhibit inefficient positional jockeying among actors. …

equilibria consumers search less frequently in denser networks. Finally, when search costs are low the expected price and the …

equilibria consumers search less frequently in denser networks. Finally, when search costs are low the expected price and the …

equilibria consumers search less frequently in denser networks. Finally, when search costs are low the expected price and the …