We propose a model on strategic formation of communication networks with (i) link specificity: the more direct links … externality was previously ignored in the communication context, and (ii) value transferability via indirect links for … informational but not for social value from communication, while this positive externality was modeled uniformly before. Assuming …

We propose a model on strategic formation of communication networks with (i) link specificity: the more direct links … externality was previously ignored in the communication context, and (ii) value transferability via indirect links for … informational but not for social value from communication, while this positive externality was modeled uniformly before. Assuming …

characteristics of the communication channels (or media) through which information and knowledge are transferred. Information richness … theory on the other hand focuses explicitly on the communication channel requirements for different types of knowledge … and improving work performance in face-to-face communication networks. Using a novel set of data collection tools …

) equilibrium. Fully informative myopic and farsighted equilibria essentially take a particular simple form: all communication is … and analyze equilibrium welfare. Furthermore, we extend our model to public communication and investigate the implications …