Showing 1 - 10 of 385
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … structure. We examine how pre-play communication and clustering within networks affect coordination in a challenging … experimental game on eight-person networks. Free-form chat is enormously effective in achieving the nonequilibrium efficient …
Persistent link: https://www.econbiz.de/10012059077
Information asymmetries can prevent markets from operating efficiently. An important example is the labor market, where employers face uncertainty about the productivity of job candidates. We examine theoretically and with laboratory experiments three key questions related to hiring via...
Persistent link: https://www.econbiz.de/10012005988
This paper was written as an editorial preface to a "Symposium on Relational Contracts", that was jointly edited by the three authors, and that will appear in the Journal of Institutional and Theoretical Economics (JITE). The Symposium contains eleven contributions to the economics of relational...
Persistent link: https://www.econbiz.de/10014377330
Using declassified Federal Bureau of Narcotics records on 800 US Mafia members active in the 1950s and 1960s, and on their connections within the organized crime network, I estimate network effects on gangsters' economic status. Lacking information on criminal proceeds, I measure economic status...
Persistent link: https://www.econbiz.de/10010333271
This paper provides the first direct evidence on the determinants of link formation among immigrants in the host society. We use a purposely-designed survey on a representative sample of Sri Lankan immigrants living in Milan to study how migrants form social links among them and the extent to...
Persistent link: https://www.econbiz.de/10010333319
We consider a model where each individual (or ethnic minority) is embedded in a network of relationships and decides whether or not she wants to be assimilated to the majority norm. Each individual wants her behavior to agree with her personal ideal action or norm but also wants her behavior to...
Persistent link: https://www.econbiz.de/10011873440
international trade between the different countries, depending on the types of networks formed. We present possible applications of …
Persistent link: https://www.econbiz.de/10011479280
In this paper we study the relevance and mechanics of consumption network effects. We use long panel data on the entire Danish population to construct a measure of consumption based on administrative tax records, and define the peer groups in terms of workplace, occupation, education, and age....
Persistent link: https://www.econbiz.de/10011494355
job finding networks. Using matched employer-employee data from Hungary, this paper relates the unemployment duration of … displaced workers to the employment rate of their former coworker networks. We find that while coworkers from all occupations …
Persistent link: https://www.econbiz.de/10012658194
. What if networks rewire in response to changes in the economic environment, such as a randomized intervention? We exploit a …
Persistent link: https://www.econbiz.de/10010468168