In this paper we introduce a stochastic network formation model where agents choose both actions and links. Neighbors … in the network benefit from each other's action levels through local complementarities and there exists a global …

communication or spillovers via the links between them. Linking decisions are based on network-dependent marginal payoff and a … the other agents in the network. Agents derive payoff from having access to the information of others through … network independent noise capturing exogenous idiosyncratic effects. Moreover, agents have a limited observation radius when …

This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with … intensity of cooperation and innovation. Within different knowledge regimes, we examine the structure of networks that emerge … and how firms perform within such networks. Our model replicates some stylised empirical results on network structure and …

knowledge production, where collaboration between researchers is represented by a bipartite network. The equilibrium of the game … analyzing the coauthorship network of economists registered in the RePEc Author Service. …

in R&D partnerships. We first examine the efficiency of a given network structure in terms of the maximization of total …This work introduces a new model to investigate the efficiency and evolution of networks of firms exchanging knowledge … profits in the industry. We show that the efficient network structure depends on the marginal cost of collaboration. When the …

maximize it. Through the links in the collaboration network, researchers create spillovers not only to their direct coauthors … possibly overlapping projects. We bring our model to the data by analyzing the coauthorship network of economists registered in … the coauthorship network. Moreover, we analyze funding instruments for individual researchers as well as research …

maximize it. Through the links in the collaboration network, researchers create spillovers not only to their direct coauthors … possibly overlapping projects. We bring our model to the data by analyzing the coauthorship network of economists registered in … the coauthorship network. Moreover, we analyze funding instruments for individual researchers as well as research …

maximize it. Through the links in the collaboration network, researchers create spillovers not only to their direct coauthors … possibly overlapping projects. We bring our model to the data by analyzing the coauthorship network of economists registered in … the coauthorship network. Moreover, we analyze funding instruments for individual researchers as well as research …