We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … industrial revolution. Knowledge diffusion through a Small World network produces an extraordinary diversity of individual growth …

This paper provides a game-theoretic model of network formation with a continuous effort choice. Efforts are strategic … complements for direct neighbors in the network and display global substitution/congestion effects. We show that if the parameter … links according to a network cost function. Again all socially optimal configurations are such that the network is a nested …

Different sellers often sell the same good at different prices. Using a strategic bargaining model, I characterize how … the equilibrium prices of a good depend on the interaction between its sellers' costs, its buyers' values, and a network … capturing various frictions associated with trading it. In contrast to the standard random-matching model of bargaining in …

We investigate how information goods are priced and diffused over links in a network. A new equivalence relation … between nodes captures the effects of network architecture and locations of sellers on the division of profits, and …

neighbors in the network to form exclusive long-term partnerships that guarantee reciprocal favor exchange. Refusing to provide … in every network. Equilibrium behavior is determined by the classification of nodes in the Gallai-Edmonds decomposition … of the underlying network. …

The paper examines the formation of free trade agreements (FTAs) as a network formation game. We consider a general n … all countries are symmetric, a complete global free trade network is pairwise stable and it is the unique stable network …

The paper examines the formation of free trade agreements (FTAs) as a network formation game. We consider a general n … all countries are symmetric, a complete global free trade network is pairwise stable and it is the unique stable network …