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Networks in the Laboratory

Paper Working paper | | Feb 2015

This chapter surveys experimental research on networks in economics.

Efficiency and Equilibrium in Network Games: An Experiment

Paper Working paper | | Dec 2014

The tension between efficiency and equilibrium is a central feature of economic systems. In many contexts, social networks mediate this trade-off: an individual’s network position determines equilibrium play, and social relations allow coordination on an efficient norm.