Showing 1 - 10 of 16
This paper studies the evolution of beliefs of a group of Bayesian updaters who are connected through a social network … network. A message conveys some information about the signal observed by the sender. Both signals and messages are independent … connections in the network. We first characterize the long-run behavior of an agent's beliefs in terms of the relative entropies …
Persistent link: https://www.econbiz.de/10010685970
In this article we analyze how different characteristics of a social network are associated to different types of … resources required by the individuals that constitute the network and their objectives. To attain this goal, we develop and ….) We measure different network elements using two criteria: expressive resources (social cohesion) and instrumental …
Persistent link: https://www.econbiz.de/10010690404
In this article we analyze how different characteristics of a social network are associated to different types of … resources required by the individuals that constitute the network and their objectives. To attain this goal, we develop and ….) We measure different network elements using two criteria: expressive resources (social cohesion) and instrumental …
Persistent link: https://www.econbiz.de/10010823206
can also be deduced that the kind of social network that prevails in this decisions is a very close network like family …
Persistent link: https://www.econbiz.de/10010699622
This paper investigates empirically the relationship between inflation, inflation volatility and output growth in the case of México using monthly data over the period 1993-2011. Specifically a bivariate GARCH-M model is estimated to test the hypotheses that inflation rates are directly related...
Persistent link: https://www.econbiz.de/10010699628
This paper investigates empirically the relationship between inflation, inflation volatility and output growth in the case of México using monthly data over the period 1993-2011. Specifically a bivariate GARCH-M model is estimated to test the hypotheses that inflation rates are directly related...
Persistent link: https://www.econbiz.de/10010685978
We consider two specific network structures, the star and the line, and study the set of bilateral alternating … network structures. …
Persistent link: https://www.econbiz.de/10010687848
This paper develops a model of evolution of beliefs through communication in an exogenous social network. We assume … that the agents are Bayesian updaters and that the network enables them to listen to the opinion of others about some … uncertain parameter of interest. We explore the effects of the network on the agents' long-run first-order beliefs about the …
Persistent link: https://www.econbiz.de/10010823241
We consider two specific network structures, the star and the line, and study the set of bilateral alternating … network structures. …
Persistent link: https://www.econbiz.de/10010823245
This paper develops a model of costly information acquisition by agents who are connected through a network. For a … exogenously given network, each agent decides first on information acquisition from his neighbors and then, after processing the … them is related to the density of the network. …
Persistent link: https://www.econbiz.de/10010823302