This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the basic Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by … network has a "star" structure. We find that with homogeneous agents, equilibrium predictions fail completely. In contrast …

In the benchmark model of Bala and Goyal (2000) on network formation, the equilibrium network is asymmetric and unfair … impacts the network formation process by increasing the asymmetry of networks but does not decrease the level of fairness nor …

We report the findings of experiments designed to study how people learn in network games. Network games offer new … find that learning depends on network position. Participants in more complex environments (with more network neighbors …) tend to resort to simpler rules compared to those with only one network neighbor. …

Theoretical models on network formation focus mostly on the stability and efficiency of equilibria, but they cannot … starting network. To study factors affecting equilibrium selection, we designed a network formation experiment with multiple … stage in which the network is disrupted. This setting allows us to analyze the interplay between the need for farsightedness …

This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by allowing … private information. In all treatments, the (efficient) equilibrium network has a "star" structure. With homogeneous agents …

This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by allowing … private information. In all treatments, the (efficient) equilibrium network has a "star" structure. With homogeneous agents …

This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by allowing … private information. In all treatments, the (efficient) equilibrium network has a “star” structure. With homogeneous agents …

This paper experimentally analyzes the effect of network structures on individualsʼ decisions in a game of strategic … individuals are able to coordinate on equilibria, but that coordination strongly depends on the network structure. Despite … frequent coordination failures, in graphs of size N=4 equilibrium play seems easier on network architectures with high (low …

neighbours in a fixed network to play a bilateral (anti-) coordination game. Our main treatment variable is the extent to which … players are heterogeneous in the number of connections (neighbors) they have. Other network characteristics are held constant …

social network - can influence our choices. These choices in turn influence the generation of new information and shape …