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We consider an economic system composed of interacting potential adopters of a technology. We build a model of interindividual influence effects in which part of the links can be negative, in a context of bounded rational choice. The article shows how the sole relationships topology on a network...
Persistent link: https://www.econbiz.de/10005479041
This paper analyses the evolution of trading relationships in a market in which trades take place bilaterally. Buyers reinforce their probability of visiting sellers as a function of the profitability of their past experience. Using the "mean field" approach it is shown that two distant types of...
Persistent link: https://www.econbiz.de/10005669421
conceived as influence effects and the network of interpersonal influences is learning step by step. The model entails the …
Persistent link: https://www.econbiz.de/10005669488
Marshallian districts are locales that accomodate a large number of small firms producing similar goods to be exported and benefit from the accumulation of know-how associated with workers residing there. We study the making of such districts by assuming that the cost function of a firm is a...
Persistent link: https://www.econbiz.de/10005779620
This note exhibits sufficient conditions concerning the skills of old workers ruling out overaccumulation stationnary equilibria in an OLG model with productive capital.
Persistent link: https://www.econbiz.de/10005779646
when young through both learning-by-doing and formal education. We characterise the unique saddle-path stable steady state …
Persistent link: https://www.econbiz.de/10005779657
The aim of this paper is to set the foundation of an approach of the diffusion-adoption problem of an innovation or a technological standard, based on the building of influence matrixes. This means that agents are to be considered as participating in social networks that provide the support and...
Persistent link: https://www.econbiz.de/10005634437
We consider an overlapping generations model with endogenous labor supply. Individuals live for two periods and have different skills. We state equivalence properties of different transfer policies, assuming the government cannot identify individuals and has a limited range of instruments that...
Persistent link: https://www.econbiz.de/10005634414
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Persistent link: https://www.econbiz.de/10005479046