effects, a class that includes the 'linear-in-means' local average model, the local aggregate model, and models where network …/quasi-experimental data. We then discuss models of network formation, drawing on a range of literatures to cover purely predictive models …

This paper presents a model of endogenous network formation in the presence of peer effects for a general class of … agents move simultaneously. I find that equilibrium networks display - other than the complete and the empty network - a core …, depending on the network that arises in equilibrium. The mulitiplicity of equilibria serves as an explanation for large …