Rong, Rong; Houser, Daniel - Interdisciplinary Center for Economic Science (ICES), … - 2012
reports reliable star network formation in an environment that includes ex ante heterogeneous agents. While heterogeneity may … explain network formation sometimes, it seems to play a smaller role in other cases (Feick and Price, 1987; Conley and Udry …, 2010). In this paper we investigate whether specific institutional conditions promote star network formation with ex ante …