We explore the asymptotic properties of strategic models of network formation in very large populations. Specifically, we focus on (undirected) exponential random graph models. We want to recover a ...
We study the asymptotics for sparse exponential random graph models where the parameters may depend on the number of vertices of the graph. We obtain exact estimates for the mean and variance of the ...
Applying the exponential random graph model (Robins et al. 2007) to the investment data of Japanese venture capital (VC) firms, we document the relationship between VC performance and the dynamics of ...