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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/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
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
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 … for reduced exposure to loss, and 2) uncertainty about the network structure makes it considerably more difficult to …
Persistent link: https://www.econbiz.de/10013055226
criminal from each network that reduces total crime by the largest amount.Using longitudinal data, we are able to compare the … criminals or targeting criminals who have the highest betweenness or eigenvector centrality in the network. This indicates that …
Persistent link: https://www.econbiz.de/10013057053
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
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/10013043671
mechanisms that allow for ex post Bertrand competition generate the maximum matching on a realized network …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/10013121924
We develop and estimate a theory-consistent gravity model for interregional migration flows in the presence of unemployment. Micro-founded in a setting where search friction regulates labor market transitions, we derive a migration gravity equation for bilateral mobility that embodies a...
Persistent link: https://www.econbiz.de/10014240357
Social networks are known to influence migration decisions, but connections between individuals can hardly be observed. We rely on individual-level surveys conducted by Gallup in 147 countries that provide information on migration intentions and on the existence of distance-one connections for...
Persistent link: https://www.econbiz.de/10012982972