outside ego's network and therefore offer new sources of information on job opportunities. We then discuss some policy …

We develop a dynamic network formation model that can explain the observed nestedness in real-world networks. Links are … identify the networks to which the network formation process converges and find that they are nested split graphs. We … by real-world networks. Using four different network datasets, we empirically test our model and show that it fits well …

We provide an overview on networks in economics. We first look at the theoretical aspects of network economics using a … game-theoretical approach. We derive some results on games on networks and network formation. We also study what happens …

We study a model that integrates productive and socialization efforts with network choice and parental investments. We … effort, but that solving only the investment problem can exacerbate the misallocations due to network choice, to the point … interaction of parental investment with network choice. We relate these equilibrium results with characteristics that we find in …

network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …

We present an economic experiment on network formation, in which subjects can decide to form links to one another … Goyal (2000). They distinguish between two scenarios regarding the flow of benefits through a network, the so-called 1-way … asymmetry, i.e. payoff inequity, plays an important role in the network formation process. …

We analyze a model of network formation with agents that belong to different communities and an endogenous cost … connection decrease with distance in the network, while the cost of a link depends on the type of agents involved in it as well … individual positions in the network. We derive a number of results with regard to equilibrium networks: (i) socialization among …

networks form, the impact of network structure on agents' outcomes, and the evolution of networks over time. For this purpose …, we combine a network game introduced by Ballester et al. (2006), where the Nash equilibrium action of each agent is … proportional to her Bonacich centrality, with an endogenous network formation process. Links are formed on the basis of agents …

Pairwise stability (Jackson and Wolinsky, 1996) is the standard stability concept in network formation. It assumes … agents are farsighted, related stability concepts have been proposed. We design a simple network formation experiment to test …