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characterize these equilibria when the two principals control activitieswhich are complements in the agent s objective function …
Persistent link: https://www.econbiz.de/10011400396
Government or company decisions on whom to hire are mostly delegated to politicians, public sector officials or human resources and procurement managers. Due to anti-corruption laws, agents cannot sell contracts or positions that they are delegated to decide upon. Even if bribing is ruled out,...
Persistent link: https://www.econbiz.de/10009535107
We study a model of social learning in networks where the dynamics of beliefs are driven by conversations of dissonance-minimizing agents. Given their current beliefs, agents make statements, tune them to the statements of their associates, and then revise their beliefs. We characterize the...
Persistent link: https://www.econbiz.de/10012669809
We explore how social network exposure to COVID-19 cases shapes individuals' social distancing behavior during the early months of the ongoing pandemic. We work with de-identified data from Facebook to show that U.S. users whose friends live in areas with worse coronavirus outbreaks reduce their...
Persistent link: https://www.econbiz.de/10012388171
We review an empirical literature that studies the role of social interactions in driving economic and financial decision making. We first summarize recent work that documents an important role of social interactions in explaining household decisions in housing and mortgage markets. This...
Persistent link: https://www.econbiz.de/10012306603
Social interactions are considered pivotal to agglomeration economies. We explore a unique dataset on mobile phone calls to examine how distance and population density shape the structure of social interactions. Exploiting an exogenous change in travel times, we show that distance is highly...
Persistent link: https://www.econbiz.de/10011688211
March 30, 2020. These relationships hold after controlling for geographic distance to the hotspots as well as for the income …
Persistent link: https://www.econbiz.de/10012206624
Truancy correlates with many risky behaviors and adverse outcomes. We use detailed administrative data on by-class absences to construct social networks based on students who miss class together. We simulate these networks and use permutation tests to show that certain students systematically...
Persistent link: https://www.econbiz.de/10011788874
-pairs to have more passenger train trips between them, even after controlling for distance and travel time. We also find that …
Persistent link: https://www.econbiz.de/10012219384
Social networks are a key factor of success in life, but they are also strongly segmented on gender, ethnicity, and other demographic characteristics (Jackson, 2010). We present novel evidence on an understudied source of homophily: behavioral traits. Behavioral traits are important determinants...
Persistent link: https://www.econbiz.de/10014250002