This paper presents a model of local network effects in which agents connected by a social network each value the …-Nash equilibria of this network game are in monotone strategies, can be strictly Pareto-ranked based on a scalar neighbor … which the social network is an instance of a Poisson random graph, when it is a complete graph, a standard model of network …

to invest in R&D, and the architecture of collaboration networks. In the absence of firm rivalry, the complete network …, under strong market rivalry the complete network is stable, but intermediate levels of collaboration and asymmetric networks …