high clustering coefficient; (iii) segregation patterns; the presence of (iv) brokers and (v) hubs. (i) and (ii) define a … small world network. This paper develops a strategic network formation model where agents have heterogeneous knowledge of … the network: cognizant agents know the whole network, while ignorant ones are less knowledgeable. For a broad range of …

determining the structure of stable networks. It develops a strategic network formation model where agents have heterogeneous … knowledge of the network: cognizant agents know the whole network, while ignorant ones are less knowledgeable and biased. For a … broad range of parameters, all cognitively stable (CS) networks are small world networks with segregation patterns and …

high clustering coe±cient; (iii) segregation pat-terns; the presence of (iv) brokers and (v) hubs. (i) and (ii) de¯ne a … small worldnetwork. This paper develops a strategic network formation model where agents haveheterogeneous knowledge of the … network: cognizant agents know the whole network,while ignorant ones are less knowledgeable. For a broad range of parameters …

the emerging network, and in particular its segregation pattern. A special case of the strategic game represents one … but do exhibit neither negative nor positive spillovers; specifically, for a given network of relationships, the players … implication: endogenous effects are not identifiable in the linear-in-means model if the network of relationships and the players …

; Small World ; Broker ; Segregation … high clustering coefficient; (iii) segregation patterns; the presence of (iv) brokers and (v) hubs. (i) and (ii) define a … small world network. This paper develops a strategic network formation model where agents have heterogeneous knowledge of …

high clustering coefficient; (iii) segregation patterns; the presence of (iv) brokers and (v) hubs. (i) and (ii) define a … small world network. This paper develops a strategic network formation model where agents have heterogeneous knowledge of … the network: cognizant agents know the whole network, while ignorant ones are less knowledgeable. For a broad range of …

We introduce a noncooperative multilateral bargaining model for a network-restricted environment, in which players can … their communication links with upfront transfers. The main theorem characterizes a condition on network structures for … efficient equilibria and shows the prevalence of strategic delays. If the underlying network is either complete or circular …

connected and undirected network. Players observe their immediate neighbors' behavior only, but communicate over time the … repeated game's history truthfully throughout the network. The Folk Theorem extends to this setup, although for a range of … produces a network result; namely, the level of cooperation in this setup depends on the network's diameter, and not on its …