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Most existing social learning models assume that there is only one underlying true state. In this work, we consider a social learning model with multiple true states, in which agents in different groups receive different signal sequences generated by their corresponding underlying true states....
Persistent link: https://www.econbiz.de/10010873895
We propose a discrete-time model of opinion dynamics. The neighborhood relationship is decided by confidence radius and influence radius of each agent. We investigate the influence of heterogeneity in confidence/influence distribution on the behavior of the network. The simulations suggest that...
Persistent link: https://www.econbiz.de/10010874266
There are diverse mechanisms driving the evolution of social networks. A key open question dealing with understanding their evolution is: How do various preferential linking mechanisms produce networks with different features? In this paper we first empirically study preferential linking...
Persistent link: https://www.econbiz.de/10010939892
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Although there are extensive researches on the behavior of the world currency network, the complexity of the Asian regional currency system is not well understood regardless of its importance. Using daily exchange rates this paper examines exchange rate co-movements in the region before and...
Persistent link: https://www.econbiz.de/10010588520
We propose a stochastic model of web user behaviors in online social systems, and study the influence of the attraction kernel on the statistical property of user or item occurrence. Combining the different growth patterns of new entities and attraction patterns of old ones, different...
Persistent link: https://www.econbiz.de/10010591158
This paper investigates an opinion formation model in social networks with bounded confidence and heterogeneous agents. The network topologies are shaped by the homophily of beliefs, which means any pair of agents are neighbors only if their belief difference is not larger than a positive...
Persistent link: https://www.econbiz.de/10011058780
We study the detailed growth of a social networking site with full temporal information by examining the creation process of each friendship relation that can collectively lead to the macroscopic properties of the network. We first study the reciprocal behavior of users, and find that link...
Persistent link: https://www.econbiz.de/10011063239