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, models of network formation, models for the statistical analysis of social networks, as well as community detection. …In this chapter, I provide an overview of research on social networks and their role in shaping behavior and economic … outcomes. I include discussion of empirical and theoretical analyses of the role of social networks in markets and exchange …
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social network - can influence our choices. These choices in turn influence the generation of new information and shape … future choices. These considerations motivate a rich research programme on how social networks shape individual and …
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We analyze R&D collaboration networks in industries where firms are competitors in the product market. Firms' benefits … characterization of both equilibrium networks and endogenous production choices in the form of a Gibbs measure. We analyze the … efficient network maximizing social welfare, and find that the efficient graph is either empty, complete or shows a strong core …
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This paper introduces an extension of the vehicle routing problem by including several distributors in competition. Each customer is characterized by demand and a wholesale price. Under this scenario a solution may have unserviced customers and elementary routes with no customer visits. The...
Persistent link: https://www.econbiz.de/10011096375
. The network of player interaction is varied between a regular lattice and a random network allowing us to model contagion … in small world networks. Weighting times for an equilibrium shift from the risk dominated to risk dominant equilibrium … are shown to be smallest in small world networks. …
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Economies are complicated systems encompassing micro behaviors, interaction patterns, and global regularities. Whether partial or general in scope, studies of economic systems must consider how to handle difficult real-world aspects such as asymmetric information, imperfect competition,...
Persistent link: https://www.econbiz.de/10014024389
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 … mixed-strategy equilibria. Our two main results show that, as in many real-life examples, the resulting equilibrium networks …
Persistent link: https://www.econbiz.de/10011491734