Showing 1 - 10 of 379
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/10013121924
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/10012859300
migrants form social links among them and the extent to which this network provides them with material support along three …
Persistent link: https://www.econbiz.de/10013057910
This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by allowing … private information. In all treatments, the (efficient) equilibrium network has a "star" structure. With homogeneous agents …
Persistent link: https://www.econbiz.de/10013318256
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/10012997439
are more central in the social network, or are located closer to the geographic center of interaction, choose higher … density of links in the social network and with the degree to which agents are clustered in physical space. When agents can … choose geographic locations, there is a tendency for those who are more central in the social network to locate closer to the …
Persistent link: https://www.econbiz.de/10013129915
We hypothesize that individuals with a larger social-family network are more likely to choose self-employment. We test … this hypothesis using data on temporary rural-urban migrants in China. The size of a migrant's social-family network is … social-family network exactly because he is self-employed. For this reason, a simple correlation between the probability of …
Persistent link: https://www.econbiz.de/10013068694
) 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/10013015014
Existing experimental research on behavior in weakest-link games shows overwhelmingly the inability of people to coordinate on the efficient equilibrium, especially in larger groups. We hypothesize that people are able to coordinate on efficient outcomes, provided they have sufficient freedom to...
Persistent link: https://www.econbiz.de/10013113085
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10013153178