into account the potential externalities networks produce. Once social ties are in place, these externalities shape the … norms are easily sustained in symmetric networks. By contrast, when an efficient interaction requires players to play …

We analyze binary choice models in communication networks, in which both, the formation of links in the network as well … networks, where agents choose their strategies - actions and links - according to a perturbed best response update rule. We …

We analyze binary choice models in communication networks, in which both, the formation of links in the network as well … networks, where agents choose their strategies - actions and links - according to a perturbed best response update rule. We …

future choices. These considerations motivate a rich research programme on how social networks shape individual and …

-like structures in real-life social networks. -- network formation ; stars ; heterogeneity ; laboratory experiments …

predominance of star-like structures in real-life social networks …

(strict) Nash networks in the 1-way flow model but a negative impact in the 2-way flow model. In our discussion on possible …

deliver an understanding of why specific equilibrium networks are selected or whether they are all actually reachable from any …

as agents have different payoffs. While they are prominent in reality, asymmetric networks do not emerge in the lab … sequentiality and fairness concerns, individuals coordinate on fair and efficient networks in homogeneous settings. Heterogeneity … impacts the network formation process by increasing the asymmetry of networks but does not decrease the level of fairness nor …