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In Search of Stars: Network Formation among Heterogeneous Agents

Ule, Aljaž; Goeree, Jacob K.; Riedl, Arno - Fondazione ENI Enrico Mattei (FEEM) - 2007

This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The …

Persistent link: https://www.econbiz.de/10005423187

Coordination in Networks Formation: Experimental Evidence on Learning and Salience

Galizzi, Matteo; Bernasconi, Michele - Fondazione ENI Enrico Mattei (FEEM) - 2005

coordination problems. We conduct experiments under various conditions which control for salient labeling and learning dynamics …. Contrary to previous experiments, we find that coordination on non-empty Strict Nash equilibria is not an easy task for … significantly helps coordination, but only when subjects are pre-instructed to think of the wheel network as a reasonable way to …

Persistent link: https://www.econbiz.de/10005385417

Building Up Social Capital in a Changing World: A Network Approach

Vega-Redondo, Fernando - Fondazione ENI Enrico Mattei (FEEM) - 2003

This paper models the dynamic process through which a large society may succeed in building up its “social capital” by establishing a stable and dense pattern of interaction among its members. In the model, agents interact according to a collection of infinitely repeated Prisoner’s...

Persistent link: https://www.econbiz.de/10005423105

Opinion Dynamics and Wisdom under Conformity

Buechel, Berno; Hellmann, Tim; Kölßner, Stefan - Fondazione ENI Enrico Mattei (FEEM) - 2014

We study a dynamic model of opinion formation in social networks. In our model, boundedly rational agents update opinions by averaging over their neighbors' expressed opinions, but may misrepresent their own opinion by conforming or counter-conforming with their neighbors. We show that an...

Persistent link: https://www.econbiz.de/10010781882

Cheap Talk with Correlated Signals

Chand, A.K.S.; Currarini, Sergio; Ursino, Giovanni - Fondazione ENI Enrico Mattei (FEEM) - 2013

informed senders. Private information is (conditionally) correlated across players, and communication is cheap talk. For the …

Persistent link: https://www.econbiz.de/10010833919

Bilingualism and Communicative Benefits

Weber, Shlomo; Gabszewicz, Jean; Ginsburgh, Victor - Fondazione ENI Enrico Mattei (FEEM) - 2008

We examine patterns of acquiring non-native languages in a model with two languages and two populations with heterogeneous learning skills, where every individual faces a binary choice of learning the foreign language or refraining from doing so. We show that both interior and corner linguistic...

Persistent link: https://www.econbiz.de/10005230925

The Grand Experiment of Communism: Discovering the Trade-off between Equality and Efficiency

Farvaque, Etienne; Mihailov, Alexander; Naghavi, Alireza - Fondazione ENI Enrico Mattei (FEEM) - 2011

, and back to restoring market incentives. The grand experiment of communism is thus characterized to have led to the …

Persistent link: https://www.econbiz.de/10009320986

Harmful Signaling in Matching Markets

Kushnir, Alexey - Fondazione ENI Enrico Mattei (FEEM) - 2010

facilitate information asymmetry that leads to coordination failures. As a result, the introduction of a signalling mechanism …

Persistent link: https://www.econbiz.de/10008674340

Identity, Homophily and In-Group Bias

Currarini, Sergio; Menge, Friederike - Fondazione ENI Enrico Mattei (FEEM) - 2012

School of Economics, University of Nottingham, University Park Campus and Department of Economics (AE1), Maastricht University

Persistent link: https://www.econbiz.de/10010552188

Myopic or Farsighted? An Experiment on Network Formation

Mantovani, Marco; Kirchsteiger, Georg; Mauleon, Ana; … - Fondazione ENI Enrico Mattei (FEEM) - 2011

agents are farsighted, related stability concepts have been proposed. We design a simple network formation experiment to test …

Persistent link: https://www.econbiz.de/10009131101