Cowan, Robin; Jonard, Nicolas - United Nations University, Maastricht Economic and … - 2006
We model knowledge diffusion in a population of agents situated on a network, interacting only over direct ties. Some … (proportion of traders), the network structure (clustering, path length and degree distribution), and the scarcity of knowledge … connected agents do well when knowledge is scarce, agents in clustered neighbourhoods do well when it is abundant. The latter …