Showing 1 - 10 of 2,561
This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the basic Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by … network has a "star" structure. We find that with homogeneous agents, equilibrium predictions fail completely. In contrast …
Persistent link: https://www.econbiz.de/10003115141
results with those obtained in sociology. -- Random graph ; game theory ; centrality measures ; network formation ; weak and … network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10003925546
When workers send applications to vacancies they create a network. Frictions arise because workers typically do not … friction affects network formation, while the second coordination friction affects network clearing. We show that those … that can arise and the number of matches on a given network. Equilibria that exhibit wage dispersion are inefficient in …
Persistent link: https://www.econbiz.de/10009310818
the members of a network who are linked with each other by direct social connections. To model the comparisons, we compose … ratio: the network's aggregate level of relative deprivation divided by the aggregate level of the relative deprivation of a … hypothetical network in which one member of the network receives all the income, and it is with this member that the other members …
Persistent link: https://www.econbiz.de/10014443924
Firms and workers predominately match via job postings, networks of personal contacts or the public employment agency, all of which help to ameliorate labor market frictions. In this paper we investigate the extent to which these search channels have differential effects on labor market...
Persistent link: https://www.econbiz.de/10014423755
The U.S. trucking industry has been calling out a shortage of truck drivers for nearly forty years, since soon after its economic deregulation in 1980. Burks and Monaco (2019) provided evidence that the overall truck driver labor market works about as well as any blue collar labor market, and...
Persistent link: https://www.econbiz.de/10014390525
We consider a model of network interactions where the outcome of a unit depends on the outcomes of the connected units …. We determine the key network link, i.e., the network link whose removal results in the largest reduction in the aggregate … outcomes, and provide a measure that quantifies the contribution of a network link to the aggregate outcomes, which complements …
Persistent link: https://www.econbiz.de/10012806067
the effects of network types (kinship/non-kinship) and network resources (information/influence) on job attainment and … in the networks are not important. This conundrum can be reconciled if we take the structure of the network and the type …
Persistent link: https://www.econbiz.de/10012583507
This paper analyzes the role of networks in the spatial diffusion of local economic shocks in Africa. We show that road and ethnic connectivity are particularly important factors for diffusing economic spillovers over longer distances. We then determine the key players, i.e., which districts are...
Persistent link: https://www.econbiz.de/10012194175
set to show how network characteristics vary across political systems. We provide results from more than 150 countries and … show how the format of the network tends to reflect the extent of democratisation of each country. We also outline further …
Persistent link: https://www.econbiz.de/10012198989