Showing 1 - 10 of 30
School of Economics, University of Nottingham, University Park Campus and Department of Economics (AE1), Maastricht University
Persistent link: https://www.econbiz.de/10010552188
, then expected homophily in the contact network structure induces different career choices for individuals from different …We develop a social network model of occupational segregation between different social groups, generated by the … existence of positive inbreeding bias among individuals from the same group. If network referrals are important for job search …
Persistent link: https://www.econbiz.de/10004965195
We examine how three different communication processes operating through social networks are affected by homophily … - the tendency of individuals to associate with others similar to themselves. Homophily has no effect if messages are … broadcast or sent via shortest paths; only connection density matters. In contrast, homophily substantially slows learning based …
Persistent link: https://www.econbiz.de/10005008021
The paper studies the impact of homophily on the optimal strategies of a monopolist, whose marketing campaign of new … product relies on a word of mouth communication. Homophily is a tendency of people to interact more with those who are similar … to them. In the model there are two types of consumers embedded into a social network, which differ in friendship …
Persistent link: https://www.econbiz.de/10008674339
Network structure has a significant role in determining the outcomes of many socioeconomic relationships, including the … antagonistic ones. In this paper we study a situation in which agents, embedded in a network, simultaneously play interrelated … bilateral contest games with their neighbors. Interrelatedness of contests induces complex local and global network effects. We …
Persistent link: https://www.econbiz.de/10010833896
share of cooperators increases with the speed at which the network evolves, increases with the radius of interaction and …
Persistent link: https://www.econbiz.de/10005008019
particular, if the linking costs are not too low and not too high, at least one such network is pairwise stable. Moreover, in …
Persistent link: https://www.econbiz.de/10005008023
Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between individual strategic behavior and collective outcome. What has...
Persistent link: https://www.econbiz.de/10005008043
This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by allowing … private information. In all treatments, the (efficient) equilibrium network has a “star” structure. With homogeneous agents …
Persistent link: https://www.econbiz.de/10005423187
This paper presents a game-theoretic model of network formation, which allows agents to enter bilateral alliances and …
Persistent link: https://www.econbiz.de/10009131100