We study a new model to study the effect of contract externalities that arise through shock transmission. We model a financial network where good firms enjoy direct and indirect benefits from linking with one another. Bad risks benefit from having a connection with a good firm, but they are a...

The implementation of traffic differentiation measures by internet service providers (ISPs) has raised concerns regarding net neutrality, potentially leading to discriminatory practices that challenge existing regulatory frameworks. The complexity of this issue intensifies with the advent of 5G...

Small and medium enterprises (SMEs) in the informal sector are key in determining economic growth, particularly in low- and middle-income countries. However, data on the moderating effect of network ties on the association between SMEs' entrepreneurial orientation (EO) and performance are...