A network game model shows that improving outside options trigger endogenous exits whose propagation shifts from local threshold processes to global abrupt collapse as strategic complementarities strengthen.
Urban de- cline and durable housing.Journal of political econ- omy, 113(2):345–375
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Strategic Network Abandonment
A network game model shows that improving outside options trigger endogenous exits whose propagation shifts from local threshold processes to global abrupt collapse as strategic complementarities strengthen.