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, I provide a proposition that generalizes the results of these two models by stating that: (i) Strict Nash network … network as in Billand et al (2011). This proposition requires that a certain restriction on link formation cost (called …
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paper continues on the work of Galeotti, Goyal and Kamphorst (2003). In their paper they investigate a model of network …
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collaboration in a dynamic network setting. We develop an experiment in which coordination problems are mainly due to finding … problem. Still, if subjects are able to solve the coordination problem, they invest in a suboptimal way in the network good …
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