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economy. Our efficiency analysis further allows us to study the effect of competition on innovation in R&D intensive … portfolio of ideas that changes over time through innovations and knowledge spillovers between collaborating firms. The … destruction leading to the obsolescence of existing technologies. We quantify the innovation gains from collaborations, and show …
Persistent link: https://www.econbiz.de/10010423836
network structure. We provide a general characterization of both equilibrium networks and endogenous production choices, and … compare it to the efficient network architecture. We also allow for firms to differ in their technological characteristics …, investigate how this affects their propensity to collaborate and study the resulting network architecture. -- Bonacich centrality …
Persistent link: https://www.econbiz.de/10009747321
We introduce a simple two-stage game of endogenous network formation and information sharing for reasoning about the … then we study how the network design and the utility specifications affect welfare. Surprisingly, we find that in general … "babblers" or "friends", irrespective of whether the network is unilateral or bilateral, in equilibrium, targeted information …
Persistent link: https://www.econbiz.de/10010360337
Persistent link: https://www.econbiz.de/10012038252
Persistent link: https://www.econbiz.de/10014460539
Persistent link: https://www.econbiz.de/10011584192
We propose a random network model incorporating heterogeneity of agents and a continuous notion of homophily. Unlike … equality of agents. We show that if links between similar agents are indeed more likely, our homophilous random network model … social network. …
Persistent link: https://www.econbiz.de/10010379888
in the context of a network formation game (where links can be interpreted as friendships in a social network … acquiring the information with others) through a percolation process over the equilibrium network. Privacy concerns are modeled …
Persistent link: https://www.econbiz.de/10011491734
, learning and diffusion, and network games. I also include some background on social network characteristics and measurements …, models of network formation, models for the statistical analysis of social networks, as well as community detection. …
Persistent link: https://www.econbiz.de/10014025691
interact with a specific few, in economic decision making. Agents are assumed to occupy the nodes of a network and to interact … exchange as the topology of the underlying network is altered. We find that networks matter, that changes in a network …
Persistent link: https://www.econbiz.de/10014024385