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We examine how three different communication processes operating through social networks are affected by homophily - the tendency of individuals to associate with others similar to themselves. Homophily has no effect if messages are broadcast or sent via shortest paths; only connection density...
Persistent link: https://www.econbiz.de/10008811020
Broadening democracy by lowering the voting age is on the political agenda in many democratic societies. Previous suffrage extensions suggest that there are systematic differences between what parliaments decide and what voters want with respect to enfranchisement of new groups. This paper...
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In village economies, insurance networks are key to smoothing shocks, while production networks can propagate them. The interplay of these networks is crucial. We show that a significant health expenditure shock to one household propagates to other linked households via supply-chain and labor...
Persistent link: https://www.econbiz.de/10012587539
and human capital, by preference heterogeneity, by rate of return heterogeneity, by entrepreneurship, by richer earnings … processes, and by medical expenses. It concludes that the transmission of bequests and human capital, entrepreneurship, and …
Persistent link: https://www.econbiz.de/10011671879
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