many well-known results from the contest literature can be obtained by varying the structure of the network. Our framework …

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 …

starting network. To study factors affecting equilibrium selection, we designed a network formation experiment with multiple …Theoretical models on network formation focus mostly on the stability and efficiency of equilibria, but they cannot … stage in which the network is disrupted. This setting allows us to analyze the interplay between the need for farsightedness …

This paper analyses a simultaneous game of network formation and information acquisition where the benefit structure is … such that the benefit that an agent derives from the network she is located in depends on the maximum information that … someone in her neighbourhood, including herself, acquires. It turns out that in equilibrium star network emerges as the unique …

own experimentation, so total information decreases with network density; we determine density thresholds below which … agents asymptotically learn the state. In contrast, agent welfare is single-peaked in network density, and achieves a second …