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Users of the social networking service Facebook have the possibility to post status updates for their friends to read. In turn, friends may react to these short messages by writing comments or by pressing a Like button to show their appreciation. Making use of five Swedish accounts, we set up a...
Persistent link: https://www.econbiz.de/10010818392
No abstract.
Persistent link: https://www.econbiz.de/10010684478
rational learning requires implausible initial information assumptions, therefore some form of bounded rationality has come … learning methods give rise to many different equilibria, making economic modelling sensitive to assumptions on information and … into focus. Such learning models often converge to rational expectations equilibria within certain bounds. Convergence …
Persistent link: https://www.econbiz.de/10010684484
No abstract.
Persistent link: https://www.econbiz.de/10010684528
No abstract.
Persistent link: https://www.econbiz.de/10010684502
No abstract.
Persistent link: https://www.econbiz.de/10010684421
The paper examines the determinants of the division of labor within firms. It provides an explanation of the pervasive observed changes in work organization away from the traditional functional departments and toward multi-tasking and job rotation. Whereas the existing literature on the division...
Persistent link: https://www.econbiz.de/10005082494
This paper investigates labor productivity growth and the contribution to labor productivity growth in Swedish manufacturing during electrification and the ICT revolution. The paper distinguishes between technology-producing, intensive and less intensive technology-using industries during these...
Persistent link: https://www.econbiz.de/10005645326
This note elaborates an extension of the paper "Social Norms, the Welfare State, and Voting" by Lindbeck, Nyberg, and Weibull [1]. That paper studies the effects of a social norm against living off others work. In the welfare-state context of their model, this means that individuals who live on...
Persistent link: https://www.econbiz.de/10010699975
We survey the literature on social networks by putting together the economics, sociological and physics … not explain why they emerge. On the contrary, the economics approach is very precise in explaining why networks emerge but …
Persistent link: https://www.econbiz.de/10008502564