Showing 1 - 10 of 149
who are most central in a network according to "diffusion centrality", which nests other standard centrality measures … diffusion central (not just those with many friends). Moreover, these nominees are more central in the network than traditional …
Persistent link: https://www.econbiz.de/10011083579
It has been widely documented that the poor spend a significant proportion of their income on gifts even at the expense of basic consumption. We test three competing explanations of this phenomenon--peer effect, status concern, and risk pooling--based on a census-type primary household survey in...
Persistent link: https://www.econbiz.de/10011084405
We develop two different social network models with different economic foundations. In the local-aggregate model, it is …
Persistent link: https://www.econbiz.de/10009205066
friendship networks in the United States. We find that, for religious parents, the higher is the fraction of religious peers, the …
Persistent link: https://www.econbiz.de/10009147399
We examine how participation in a microfinance program diffuses through social networks. We collected detailed … demographic and social network data in 43 villages in South India before microfinance was introduced in those villages and then … tracked eventual participation. We exploit exogenous variation in the importance (in a network sense) of the people who were …
Persistent link: https://www.econbiz.de/10011084550
once removed generates the highest reduction in total crime in the network. We generalize the intercentrality measure …
Persistent link: https://www.econbiz.de/10011084582
The centrality of an agent in a network has been shown to be crucial in explaining different behaviors and outcomes. In … this paper, we propose an axiomatic approach to characterize a class of centrality measures for which the centrality of an … eigenvector centrality. The core of our argument hinges on the power of the consistency axiom, which relates the properties of the …
Persistent link: https://www.econbiz.de/10011083213
We model trading and information diffusion in OTC markets, when dealers can engage in many bilateral transactions at the same time. We show that information diffusion is effective, but not efficient. While each bilateral price partially reveals all dealers' private information after a single...
Persistent link: https://www.econbiz.de/10011084704
We study the interactions and dynamics of human capital, growth and inequality by explicitly embedding networks into a … education and on average human capital of the household's network neighborhood. Network structure is crucial for both the long … run outcomes and the transition of otherwise identical economies. Network cohesion above a certain threshold eliminates …
Persistent link: https://www.econbiz.de/10011201356
We study from both a theoretical and an empirical perspective how a network of military alliances and enmities affects … the intensity of a conflict. The model combines elements from network theory and from the politico-economic theory of … characterization of the Nash equilibrium of the fighting game, and of how the network structure affects individual and total fighting …
Persistent link: https://www.econbiz.de/10011145465