We introduce a simple two-stage game of endogenous network formation and information sharing for reasoning about the … then we study how the network design and the utility specifications affect welfare. Surprisingly, we find that in general … "babblers" or "friends", irrespective of whether the network is unilateral or bilateral, in equilibrium, targeted information …

Various forms of social learning and network effects are at work on crowdfunding platforms, giving rise to …

This paper surveys a variety of topics related to network economics. Topics covered include: consumer demand under … network effects, compatibility decisions and standardization, technology advances in network industries, two-sided markets …, information networks and intellectual property, and social influence. -- Survey ; network economics ; network industries ; network …

network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic … complements, and participants have either complete or incomplete information about the structure of a random network. Since … for reduced exposure to loss, and 2) uncertainty about the network structure makes it considerably more difficult to …

different predictions for the equilibrium network. Furthermore, the influence of the subjects' farsightedness on their decision …