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- W3122393741 abstract "We model network formation as a simultaneous game of incomplete information, allowing linking decisions to depend on the structure of the network as well as the attributes of agents. When the data is rationalized by a symmetric equilibrium, meaning observationally equivalent agents choose the same ex-ante strategies, the model can be estimated using a computationally simple two-step estimator. We derive its asymptotic properties under a sequence of models sending the number of agents to infinity, which enables inference with only a single network observation. Our procedure generalizes dyadic regression, allowing the latent index to be a function of endogenous regressors that depend on the network. We apply the estimator to study trust networks in rural Indian villages." @default.
- W3122393741 created "2021-02-01" @default.
- W3122393741 creator A5074939218 @default.
- W3122393741 date "2015-09-01" @default.
- W3122393741 modified "2023-10-18" @default.
- W3122393741 title "Two-step estimation of network-formation models with incomplete information" @default.
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- W3122393741 doi "https://doi.org/10.1016/j.jeconom.2015.04.001" @default.
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