We develop a model of strategic networks that captures two distinctive features of interfirm
collaboration: bilateral agreements and nonexclusive relationships. Our analysis highlights …

We present an approach to network formation based on the notion that social networks are
formed by individual decisions that trade off the costs of forming and maintaining links against …

… In Connections, Sanjeev Goyal puts contemporary thinking about networks and economic
… Goyal assesses the robustness of current research findings and identifies the substantive …

We study games in which a network mediates strategic spillovers and externalities among the
players. How does a planner optimally target interventions that change individuals' private …

When payoffs from different actions are unknown, agents use their own past experience as
well as the experience of their neighbours to guide their decision making. In this paper, we …

Empirical work shows that a large majority of individuals get most of their information from a
very small subset of the group, viz., the influencers; moreover, there exist only minor …

We consider a setting where every pair of players that undertake a transaction (eg exchange
goods or information) creates a unit surplus. A transaction can take place only if the players …

This paper develops a simple model to examine the interaction between partner choice and
individual behavior in games of coordination. An important ingredient of our approach is the …

Connections between individuals facilitate the exchange of goods, resources, and information
and create benefits. These connections may be exploited by adversaries to spread their …

The growth of the Internet and assorted technologies has made it possible to collect and
process detailed information on social networks. This article investigates how firms (and …