in case of a stochastic matching subject to various forms of expectations. We consider an exchange network with …

I examine a search model a la' Burdett and Judd (1983). Consumers are embedded in a consumers network, they may costly … social welfare increase as the consumers network becomes denser. These results are reverse when search costs are high. … search for price quotations and the information gathered are non-excludable along direct links. This allows me to explore the …