Hsieh, Chih-Sheng; Lee, Lung-fei; Boucher, Vincent - In: Quantitative economics : QE ; journal of the … 11 (2020) 4, pp. 1349-1390
We model network formation and interactions under a unified framework by considering that individuals anticipate the effect of network structure on the utility of network interactions when choosing links. There are two advantages of this modeling approach: first, we can evaluate whether network...