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An experimental study on the effects of communication, credibility, and clustering in network games
Charness, Gary; Feri, Francesco; Meléndez-Jiménez, … - 2019
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … structure. We examine how pre-play communication and clustering within networks affect coordination in a challenging … experimental game on eight-person networks. Free-form chat is enormously effective in achieving the non-equilibrium efficient …
Persistent link: https://www.econbiz.de/10012052765
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An Experimental Study on the Effects of Communication, Credibility, and Clustering in Network Games
Charness, Gary - 2019
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … structure. We examine how pre-play communication and clustering within networks affect coordination in a challenging … experimental game on eight-person networks. Free-form chat is enormously effective in achieving the non-equilibrium efficient …
Persistent link: https://www.econbiz.de/10012866385
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Matching on Bipartite Graphs
Gersbach, Hans; Haller, Hans - 2015
We study stable matchings on exogenously given or endogenously formed bipartite graphs that reflect constraints on matching. The effects of a change of the exogenously given graph (constraints) are investigated. Specifically, we examine to what extent individuals gain or lose from relaxing...
Persistent link: https://www.econbiz.de/10011388247
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Complex Financial Networks and Systemic Risk: A Review
Bougheas, Spiros; Kirman, Alan P. - 2014
In this paper we review recent advances in financial economics in relation to the measurement of systemic risk. We start by reviewing studies that apply traditional measures of risk to financial institutions. However, the main focus of the review is on studies that use network analysis paying...
Persistent link: https://www.econbiz.de/10010352363
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Innovation Network
Acemoglu, Daron; Akcigit, Ufuk; Kerr, William R. - 2016
Technological progress builds upon itself, with the expansion of invention in one domain propelling future work in linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its strength. Past innovation network structures are...
Persistent link: https://www.econbiz.de/10011584872
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Social Networks, Ethnicity, and Entrepreneurship
Kerr, William R.; Mandorff, Martin - 2016
We study the relationship between ethnicity, occupational choice, and entrepreneurship. Immigrant groups in the United States cluster in specific business sectors. For example, the concentration of Korean self-employment in dry cleaners is 34 times greater than other immigrant groups, and...
Persistent link: https://www.econbiz.de/10011584910
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The Great Divergence: A Network Approach
Lindner, Ines; Strulik, Holger - 2015
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge exchange. Knowledge in any country depends on the human capital of the countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period...
Persistent link: https://www.econbiz.de/10011431176
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History Dependence, Cohort Attachment, and Job Referrals in Networks of Close Relationships
Chen-Zion, Ayal; Rauch, James E. - 2019
. Their good relationships become their networks. Accumulating relationships becomes increasingly costly, however. Over time … agents become less open to forming relationships with others unknown to them, leading their networks to be front-loaded with …
Persistent link: https://www.econbiz.de/10012179751
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Gainers and Losers from Market Integration
Gersbach, Hans; Haller, Hans - 2019
We compare integration of economic, matching and networking markets. There can be losers from integration in all three cases, but their relative numbers depend on the type of market. There can be many losers from integration of pure exchange economies. There are relatively few losers from...
Persistent link: https://www.econbiz.de/10012179776
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Medieval Anti-Semitism, Weimar Social Capital, and the Rise of the Nazi Party: A Reconsideration
Guinnane, Timothy W.; Hoffman, Philip - 2022
The persistence literature in economics and related disciplines connects recent outcomes to events long ago. This influential literature marks a promising development but has drawn criticism. We discuss two prominent examples that ground the rise of the Nazi Party in distant historical roots....
Persistent link: https://www.econbiz.de/10013470353