Kushnir, Alexey; Nichifor, Alexandru - 2014 - This version: April 4, 2014
We introduce a simple two-stage game of endogenous network formation and information sharing for reasoning about the … optimal design of social networks like Facebook or Google+. We distinguish between unilateral and bilateral connections and … then we study how the network design and the utility specifications affect welfare. Surprisingly, we find that in general …