We introduce a simple two-stage game of endogenous network formation and information sharing for reasoning about the … then we study how the network design and the utility specifications affect welfare. Surprisingly, we find that in general … "babblers" or "friends", irrespective of whether the network is unilateral or bilateral, in equilibrium, targeted information …

methodological tools assessing network characteristics at the dyadic level are lacking for aggregated networks (such as the network … knowledge flows. To do so we first define a new measure to assess 'network proximity' at the level of the regional dyad, based … a 'random matching process' of the agents at the micro level, we are able to derive a closed form of the total expected …

third partners. We propose a micro perspective to understand how endogenous network effects, cognitive proximity of actors … and their interplay influence the evolutionary process of network formation in clusters. …

reflects key empirical observations on labor markets. We analyze the impact of network information provided about potential … network information is available. …

belonged to the exiting key player's ego-network, indicating that the group level provides a source of stability and …

and how firms perform within such networks. Our model replicates some stylised empirical results on network structure and … the contingent effects of network position on innovative performance. We find networks that exhibit small world properties …, certain network strategies such as occupying brokerage positions or maximising accessibility to potential partners pay off …

, incomplete and irregular network can be stable, with firms observing high variance signals acting as "critical nodes". Finally …, when signals are correlated, the empty network may not be pairwise stable when the number of firms and/or correlation are …