This is my old webpage, for new research, please check my new webpage.

Itay P. Fainmesser

Published and forthcoming papers

Social Networks and Unraveling in Labor MarketsJournal of Economic Theory, 2013, 148 (1), 64-103.

Community Structure and Market Outcomes: A Repeated Games in Networks ApproachAmerican Economic Journal: Microeconomics, 2012, 4 (1), 32-69.

Working papers

A monopoly's valuation of information on the patterns of influence among its consumers depend on the average level of influence and dispersion of the influence and susceptibility to influence in the consumers' population.
[Supplementary Appendix] 

Intermediaries with sufficient market power can enforce repayment of loans when bilateral repeated interaction and other forms of community enforcement cannot.
A previous version of the paper was circulated under the title: "Intermediation and Exclusive Representation in Financial Networks." [Previous version]

In large networks, the incentives of an agent to deliver high quality goods or services to clients who are connected to her can be calculated as if the network is a random tree.   
A previous version of the paper was circulated under the title: "Bilateral and Community Enforcement in a Networked Market with Simple Strategies." [Previous version]

Work in progress

"Exploding Job Offers" with Anja Sautmann
"Clue" with Matt Elliott and Benjamin Golub

*Comments welcomed. Please email me at: i.p.fainmesser [at] gmail [dot] com