Agents involved in the formation of a social or economic network typically face uncertainty about the benefits of … creating a link. However, the interplay of such uncertainty and risk attitudes has been neglected in the network formation … literature. We propose a dynamic network formation model that builds on standard microeconomic concepts of utility maximization …

This paper experimentally analyzes the effect of network structures on individualsʼ decisions in a game of strategic … individuals are able to coordinate on equilibria, but that coordination strongly depends on the network structure. Despite … frequent coordination failures, in graphs of size N=4 equilibrium play seems easier on network architectures with high (low …

This paper studies the problem of optimal path selection in a directed network by decision makers that have an … welfare in terms of both the network topology and the degree of choice aversion, where we derive comparative statics …