Showing 1 - 10 of 355
, connections increase over time, but homophily on gender and ethnicity is relatively constant across time, university residences …, and different network layers. At the individual level, homophilous tendencies are persistent across time and network … layers. Furthermore, we see assortativity in homophilous tendencies. There is weaker, albeit significant, homophily over …
Persistent link: https://www.econbiz.de/10013477307
We define a general class of network formation models, Statistical Exponential Random Graph Models (SERGMs), that nest …' (including ERGMs) parameters estimated from the observation of a single network are consistent (i.e., become accurate as the … exponentially slow mixing times for many specifications, we show that by reformulating network formation as a distribution over the …
Persistent link: https://www.econbiz.de/10012458390
strategies. This paper develops a novel clustering algorithm that systematically generates and assesses sets of cluster …
Persistent link: https://www.econbiz.de/10012458291
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/10012455924
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/10012459488
We develop and analyze a tractable empirical model for strategic network formation that can be estimated with data from … a single network at a single point in time. We model the network formation as a sequential process where in each period …, the characteristics of the potential partner, and on features of the current state of the network, such as whether the two …
Persistent link: https://www.econbiz.de/10012462613
We develop a model of informal financial networks and present corroborating evidence by studying the role of professional property brokers in the U.S. commercial real estate market. Our model demonstrates how service intermediaries, who do not supply finance themselves, can facilitate their...
Persistent link: https://www.econbiz.de/10012469841
language processing, network analysis, and a novel fixed effects strategy to study how the aging of the biomedical research … workforce affects idea adoption. We show that the relationship between adoption and innovator career age varies with network … distance. Specifically, at short distances, young innovators' ideas are adopted the most, while at greater network distances …
Persistent link: https://www.econbiz.de/10015094872
thinking about such social exchanges of models. The key assumption is that people adopt the interpretation in their network … that best explains the data, given their prior beliefs. An implication is that interpretations evolve within a network. For … many network structures, social learning mutes reactions to data: the exchange of models leaves beliefs closer to priors …
Persistent link: https://www.econbiz.de/10013462690
these issues using a model of (Bayesian) learning over a social network. Agents learn rapidly from and may also have … environment changes sufficiently rapidly, any network consisting of just strong links will do only a little better than random …
Persistent link: https://www.econbiz.de/10014287315