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network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10008558948
In this paper we examine possible network formations among immigrants and natives with endogenous investment. We … consider a model of a network formation where the initiator of the link bears its cost while both agents benefit from it. We …
Persistent link: https://www.econbiz.de/10005030893
their connections within the organized crime network, I estimate network effects on gangsters' economic status. Lacking … causality between the economic status and the gangster's position in the network exploiting exogenous exposure to potential pre … gangsters' importance in- side the network (called centrality) but not the preference for specific housing needs. A standard …
Persistent link: https://www.econbiz.de/10010739413
We analyze the intergenerational transmission of the strength of religion focusing on the interplay between family and peer effects. We develop a theoretical model suggesting that both peer quality and parental effort are of importance for the religious behavior of the children. We then bring...
Persistent link: https://www.econbiz.de/10009147298
well as for the identity of the key player. We study the possibility of testing endogeneity in network formation. We … analysis suggests that greater care should be taken in grounding econometric network models to sound and credible theoretical …
Persistent link: https://www.econbiz.de/10011196642
This research introduces an agent-based simulation model representing the dynamic processes of cooperative R&D in the manufacturing sector of South Korea. Firms' behavior is defined according to empirical findings on the Korean Innovation Survey 2005 and captured in a multivariate probit...
Persistent link: https://www.econbiz.de/10010884320
network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic … complements, and participants have either complete or incomplete information about the structure of a random network. Since … for reduced exposure to loss, and 2) uncertainty about the network structure makes it considerably more difficult to …
Persistent link: https://www.econbiz.de/10011086477
first develop a model that shows that, at the Nash equilibrium, the outcome of each individual embedded in a network is … network specific factors, the individual's position in a network (as measured by her Katz-Bonacich centrality) is a key …
Persistent link: https://www.econbiz.de/10005703288
Delinquents are embedded in a network of relationships. Social ties among delinquents are modeled by means of a graph … non-cooperative way how much delinquency effort he will exert. Using the network model developed by Ballester et al. (2006 … characterization of optimal single player network removal for delinquency reduction, the key player, to optimal group removal, the key …
Persistent link: https://www.econbiz.de/10005566403
Existing experimental research on behavior in weakest-link games shows overwhelmingly the inability of people to coordinate on the efficient equilibrium, especially in larger groups. We hypothesize that people are able to coordinate on efficient outcomes, provided they have sufficient freedom to...
Persistent link: https://www.econbiz.de/10009403395