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Networks are many things , but certainly an important feature in contemporary government. In an era of collaboration, as Agranoff and McGuire (2003) label it, governments are increasingly networked, using and engaging in all sorts of networks to achieve policy goals. Often, working in and...
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This paper investigates the driving forces behind banks’ link formation in the interbank market by applying the stochastic actor oriented model (SAOM) developed in sociology. Our data consists of quarterly networks constructed from the transactions on an electronic platform (e-MID) over the...
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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 …
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