Calvó-Armengol, Antoni; Patacchini, Eleonora; Zenou, Yves - Institutet för Näringslivsforskning (IFN) - 2005
This paper studies whether structural properties of friendship networks affect individual outcomes in education and crime. We first develop a model that shows that, at the Nash equilibrium, the outcome of each individual embedded in a network is proportional to her Bonacich centrality measure....