Showing 1 - 10 of 361
linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 …-1994. The interaction of this pre-existing network structure with patent growth in upstream technology fields has strong …
Persistent link: https://www.econbiz.de/10012980187
, summary network parameters (e.g., the degree distribution or transitivity index); and (iii) empirical models of strategic … network formation admitting interdependencies in preferences. Current research challenges and open questions are also …
Persistent link: https://www.econbiz.de/10012857731
This paper presents and structurally estimates a model of endogenous network formation and legislative activity of … of Congress as exogenously given and instead embed it in a model of endogenous network formation useful for developing …
Persistent link: https://www.econbiz.de/10012980661
We develop a theoretical model of security investments in a network of interconnected agents. Network connections … strategic substitutes. In a general (non-symmetric) network, this implies that underinvestment by some agents will encourage … symmetric or locally tree-like. We also characterize the impact of network structure on equilibrium and optimal investments …
Persistent link: https://www.econbiz.de/10013079755
Pharmaceutical companies' marketing efforts primarily target physicians, often through individual detailing that entails monetary or in-kind transfers. We study how peer influence broadens these payments' reach beyond the directly paid physicians. Combining Medicare prescriptions and Open...
Persistent link: https://www.econbiz.de/10012861736
We consider multi-agent multi-firm contracting when agents benchmark their wages to a weighted average of their peers, where weights may vary within and across firms. Despite common shocks, compensation benchmarking can undo performance benchmarking, so that wages load positively rather than...
Persistent link: https://www.econbiz.de/10014089535
We characterize the evolution over time of a network of credit relations among financial agents as a system of coupled … network of liabilities among agents. The average level of risk diversification of the agents coincides with the density of … links in the network. In addition to a process of diffusion of financial distress, we also consider a discrete process of …
Persistent link: https://www.econbiz.de/10013149415
financial institutions. Focusing on a multi sector economy linked through a supply network, we show how structural properties of … the supply network determine both whether aggregate volatility disappears as the number of sectors increases (i … aggregate output from its mean) to sector-specific volatility and to the structural properties of the supply network …
Persistent link: https://www.econbiz.de/10013136361
The functioning and well-being of any society and organization critically hinges on norms of cooperation that regulate …
Persistent link: https://www.econbiz.de/10013052112
perspectives: (1) individual level (the degree to which team members specialize vs. work as generalists), (2) activity level (the … degree to which activities are concentrated among few team members vs. distributed among many) and (3) the intersection … explore team-based knowledge production using a newly available type of data – the disclosures of author contributions on …
Persistent link: https://www.econbiz.de/10012992149