?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.title=Econometric+Models+of+Network+Formation&rft.creator=Paula%2C+AD&rft.description=This+article+provides+a+selective+review+on+the+recent+literature+on+econometric+models+of+network+formation.+The+survey+starts+with+a+brief+exposition+on+basic+concepts+and+tools+for+the+statistical+description+of+networks.+I+then+offer+a+review+of+dyadic+models%2C+focussing+on+statistical+models+on+pairs+of+nodes+and+describe+several+developments+of+interest+to+the+econometrics+literature.+The+article+also+presents+a+discussion+of+non-dyadic+models+where+link+formation+might+be+influenced+by+the+presence+or+absence+of+additional+links%2C+which+themselves+are+subject+to+similar+influences.+This+is+related+to+the+statistical+literature+on+conditionally+specified+models+and+the+econometrics+of+game+theoretical+models.+I+close+with+a+(non-exhaustive)+discussion+of+potential+areas+for+further+development.&rft.subject=Network+econometrics%2C+dyadic+models%2C+strategic+network+formation+models.&rft.publisher=The+Institute+for+Fiscal+Studies&rft.date=2019&rft.type=Working+%2F+discussion+paper&rft.source=++++(CWP4%2F20+).+The+Institute+for+Fiscal+Studies%3A+London%2C+UK.+(2019)+++++&rft.format=text&rft.identifier=https%3A%2F%2Fdiscovery.ucl.ac.uk%2Fid%2Feprint%2F10089414%2F1%2Farenetworks_v4.pdf&rft.identifier=https%3A%2F%2Fdiscovery.ucl.ac.uk%2Fid%2Feprint%2F10089414%2F&rft.rights=open