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We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We … links. We characterize the networks that are supported under these variations and show how each of the above aspects is …
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The structures of social interaction affect individual behavior and economic performance in important ways. This leads us to ask: does the architecture of social interaction exhibit particular patterns and are these patterns stable over time? We examine interaction among economists by looking at...
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alternative network structures (not just sub-networks) can and should influence the allocation of value among players on any given …
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This paper examines the small world hypothesis. The first part of the paper presents empirical evidence on the evolution of a particular world: the world of journal publishing economists during the period 1970-2000. We find that in the 1970's the world of economics was a collection of islands....
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equilibria consumers search less frequently in denser networks. Finally, when search costs are low the expected price and the …
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for employees to work in co-ethnic firms. It argues that strong social networks and related high intra-group trust …
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