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Although the linear-in-means model is the workhorse model in empirical work on peer effects, its theoretical properties are understudied. In this study, we develop a social-norm model that provides a microfoundation of the linear-in-means model and investigate its properties. We show that...
Persistent link: https://www.econbiz.de/10012133891
) embedded in a network have to decide how much effort they exert in some activity (say education). We show that the more central … minority agents are in the social network, the more they assimilate to the majority culture. We also show that denser networks … tend to favor assimilation so that, for example, it is easier to assimilate in a complete network than in a star …
Persistent link: https://www.econbiz.de/10011336962
maximize it. Through the links in the collaboration network, researchers create spillovers not only to their direct coauthors … possibly overlapping projects. We bring our model to the data by analyzing the coauthorship network of economists registered in … the coauthorship network. Moreover, we analyze funding instruments for individual researchers as well as research …
Persistent link: https://www.econbiz.de/10011946463
. Our results demonstrate that the death of a co-offender significantly reduces the criminal activities of other network …
Persistent link: https://www.econbiz.de/10014580742
In this paper, we examine possible types of network formation among immigrants in the diaspora and between those … network structure on the country of origin, such as on international trade. We find that when the size of the diaspora is …
Persistent link: https://www.econbiz.de/10011452743
A large literature has studied how peers affect behavior by exploiting the preexisting social network structure only … unique panel dataset that contains detailed information on the network of informal financial transactions before and after a … structure of the network of informal financial transactions among households. Second, we estimate a panel model of peer effects …
Persistent link: https://www.econbiz.de/10010436162
network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic … complements, and participants have either complete or incomplete information about the structure of a random network. Since … appear to be strongly attracted to maximizing aggregate payoffs (social efficiency), but there are forces that moderate this …
Persistent link: https://www.econbiz.de/10010344833
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
mechanisms that allow for ex post Bertrand competition generate the maximum matching on a realized network. -- efficiency …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 …
Persistent link: https://www.econbiz.de/10009310818
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