We investigate the effect of potential entry on the formation and stability of R&D networks considering farsighted firms. The presence of a potential entrant often alters the incentives of incumbents to collaborate. Incumbent ...

Electoral competition between two vote-share maximizing candidates in the context of the unidimensional spatial model leads to platform convergence: both candidates end up proposing the ideal policy of the median voter ...

We establish a relationship between decay centrality and two widely used measures of centrality, namely degree and closeness. We show that for low values of the decay parameter the nodes with maximum decay centrality also ...