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Given data on a large network, this paper provides a framework for identification of preferences under the assumption … of pairwise stability of network links. Network data present difficulties for identification, especially when one allows … for links between nodes in a network to be interdependent; e.g., where friends of friends matter. Given a preference …
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This paper studies the problem of optimal path selection in a directed network by decision makers that have an … welfare in terms of both the network topology and the degree of choice aversion, where we derive comparative statics …
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We develop a model of social preferences for network games and study its predictions in a local public goods game with … a property of the network structure: neighborhood nestedness. This means that equilibrium selection succeeds in small …
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