Showing 1 - 10 of 2,651
knowledge production, where collaboration between researchers is represented by a bipartite network. The equilibrium of the game … analyzing the coauthorship network of economists registered in the RePEc Author Service. …
Persistent link: https://www.econbiz.de/10012271021
We study social learning in a social network setting where agents receive independent noisy signals about the truth … network does not privilege any agent in terms of influence, a large society almost always fails to converge to the truth. We …
Persistent link: https://www.econbiz.de/10011801379
Agents involved in the formation of a social or economic network typically face uncertainty about the benefits of … creating a link. However, the interplay of such uncertainty and risk attitudes has been neglected in the network formation … literature. We propose a dynamic network formation model that builds on standard microeconomic concepts of utility maximization …
Persistent link: https://www.econbiz.de/10011386449
Persistent link: https://www.econbiz.de/10009720781
firms because it lowers the probability they win the innovation contest for that project; however, the investment of a firm … appropriable, then a merger increases consumer welfare by reducing investment in the most profitable project and increasing … merger increases consumer welfare if the more profitable project corresponds to the market with the higher elasticity of …
Persistent link: https://www.econbiz.de/10012137259
network. Interestingly, unconnected equilibria are asymmetric and central players may emerge. Second, I show that non …
Persistent link: https://www.econbiz.de/10011334833
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … industrial revolution. Knowledge diffusion through a Small World network produces an extraordinary diversity of individual growth …
Persistent link: https://www.econbiz.de/10010253459
In this paper, we connect the social network theory on centrality measures to the economic theory of preferences and … different networks. The famous degree measure assigns to every position in a weighted network the sum of the weights of all … links with its neighbours. A crucial property of a preference relation over network positions is neutrality to ordinary risk …
Persistent link: https://www.econbiz.de/10011688772
Longitudinal network data are increasingly available, allowing researchers to model how networks evolve over time and …
Persistent link: https://www.econbiz.de/10011739417
are connected according to an undirected graph, the social network, and have the choice between two actions: either to … network. (2) Average inclination governs collective adoption behavior. (3) Initial inclinations determine the critical mass of … network and other parameters. Given the complexity of the system we use a standard technique for estimating the solution. …
Persistent link: https://www.econbiz.de/10010227321