This paper brings together analyses of two-way flow Strict Nash networks under exclusive player heterogeneity … two assumptions influence important properties of Strict Nash networks. Built upon the findings of Billand et al (2011 …, I provide a proposition that generalizes the results of these two models by stating that: (i) Strict Nash network …

empty or complete network are always pairwise stable, stable symmetric networks exist, or stable networks with a connected … pairwise stable network is an NSG if utility is given by Bonacich centrality. …We study the structure of pairwise stable networks from a very general point. Rather than assuming a particular …

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 … networks, such as connectivity, clustering, and the degree of the players, help to predict informed behavior in the lab. People …

Network structure has a significant role in determining the outcomes of many socioeconomic relationships, including the … antagonistic ones. In this paper we study a situation in which agents, embedded in a network, simultaneously play interrelated … bilateral contest games with their neighbors. Interrelatedness of contests induces complex local and global network effects. We …

sequential network bargaining. Assuming patient players, we provide a complete characterization of networks being pairwise (Nash …We analyze a model of strategic network formation prior to a Manea (2011) bargaining game: ex-ante homogeneous players … form an undirected network with explicit linking costs anticipating expected equilibrium payoffs from the subsequent …

To study how economic fundamentals affect the formation of social networks, a model is needed that (i) has agents … to network formation in order to develop such a model. Agents spend costly resources to socialize. Their effort levels … friends is low, equilibrium networks can be either sparse or thick. But as soon as this value crosses a key threshold, the …

distances in networks short. This paper proposes a parsimonious model of network formation with introductions and intermediation …High levels of clustering—the tendency for two nodes in a network to share a neighbor—are ubiquitous in economic and … social networks across different applications. In addition, many real-world networks show high payoffs for nodes that connect …

We experimentally study the emergence of networks under a known external threat. To be more specific, we deal with the … question if subjects in the role of a strategic Designer are able to form safe and efficient networks while facing a strategic … Adversary who is going to attack their networks. This investigation relates theoretical predictions by Dziubinski and Goyal …

We experimentally study the emergence of networks under a known external threat. To be more specific, we deal with the … question if subjects in the role of a strategic Designer are able to form safe and efficient networks while facing a strategic … Adversary who is going to attack their networks. This investigation relates theoretical predictions by Dziubinski and Goyal …