We consider the dynamic network formation problem under the requirement that the whole network be connected and remain …

This paper studies network formation in settings where players are heterogeneous with respect to benefits as well as … the costs of forming links. Our results demonstrate that centrality, center-sponsorship and short network diameter are … groups as compared to across groups, strategic play by individuals leads to a network architecture in which there is a core …

Consider a population of n players playing a variant of Myerson's network formation model. Each player simultaneously … call the outcome of the network formation model a k-uniform Myerson graph and study the distribution of matchings on such …

We develop a new class of random-graph models for the statistical estimation of network formation---subgraph generated …) are generated and their union results in a network. We show that all SUGMs are identified and, further, establish the … whether network structure helps enforce risk-sharing, whether cross-caste interactions are more likely to be private, and how …

to network formation in order to develop such a model. Agents spend costly resources to socialize. Their effort levels …

a model of cooperative network formation where the network is formed through the process of the coordination game being … played between multiple agents. Additionally, network effects are modeled in by the fact that the benefit to any agent from a …

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 … for reduced exposure to loss, and 2) uncertainty about the network structure makes it considerably more difficult to …

different predictions for the equilibrium network. Furthermore, the influence of the subjects' farsightedness on their decision …

The paper analyzes a dynamic model of rational strategic learning in a network. It complements existing literature by … network. We show that the delay in information transmission caused by incomplete network structures may induce players to … increase own experimentation efforts. As a consequence a complete network can fail to be optimal even if there are no costs for …