Showing 1 - 10 of 266
It has been argued that the use of personal networks in the hiring process has a positive influence on the wages of …
Persistent link: https://www.econbiz.de/10005118670
This paper studies the formation of networks among individuals. The focus is on the compatibility of overall societal … subject, and also provides new results on the existence of pairwise-stable networks and the relationship between pairwise … stable and efficient networks in a variety of contexts and under several definitions of efficiency. …
Persistent link: https://www.econbiz.de/10005135109
We analyze the formation of networks among individuals. In particular, we examine the existence of networks that are … stable networks one can restrict focus on a component-wise egalitarian allocation of value. We show that when such strongly … stable networks exist they coincide with the set of efficient networks (those maximizing the total productive value). We show …
Persistent link: https://www.econbiz.de/10005135119
features that have been found to characterize large socially generated networks. Moreover, we derive the distribution of degree … lower tail may exhibit substantial curvature, just as in observed networks. We then fit the model to data from six networks …. Besides offering a close fit of these diverse networks, the model allows us to impute the relative importance of search versus …
Persistent link: https://www.econbiz.de/10005062339
We examine a simple economic model of network formation where agents benefit from indirect relationships. We show that small-world features - -- short path lengths between nodes together with highly clustered link structures --- necessarily emerge for a wide set of parameters.
Persistent link: https://www.econbiz.de/10005407573
alternative network structures (not just sub-networks) can and should influence the allocation of value among players on any given …
Persistent link: https://www.econbiz.de/10005550861
I survey the recent literature on the formation of networks. I provide definitions of network games, a number of …
Persistent link: https://www.econbiz.de/10005550866
We present a simple model of spatial evolution that avoids several problems that arise with more complex networks of … captured while nonlinearities that would arise with more complex networks are avoided. We can identify characteristics of … evolution in networks such as stable cooperation in prisoners' dilemma games and long run exploitation among different …
Persistent link: https://www.econbiz.de/10005118522
This paper reports experimental evidence on behaviour in an Ultimatum Game where responders have low structural information and feedback so that they have to learn the nature of the game during repeated play. The results lend support to the view that certain learning conditions are less...
Persistent link: https://www.econbiz.de/10005125583
Persistent link: https://www.econbiz.de/10005125648