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The paper studies the impact of homophily on the optimal strategies of a monopolist, whose marketing campaign of new product relies on a word of mouth communication. Homophily is a tendency of people to interact more with those who are similar to them. In the model there are two types of...
Persistent link: https://www.econbiz.de/10010272373
We examine how three different communication processes operating through social networks are affected by homophily … on repeated averaging of neighbors' information and Markovian diffusion processes such as the Google random surfer model … friendship networks from the Adolescent Health dataset. …
Persistent link: https://www.econbiz.de/10010279447
networks for which there is a convergence of beliefs. Finally, we survey some recent structural results on the speed of …
Persistent link: https://www.econbiz.de/10010312406
endogenous growth and convergence behavior, and pollution accumulation in each country with pollution diffusion between countries …
Persistent link: https://www.econbiz.de/10011307306
We introduce two pieces of information, denoted memes, into a diffusion process in which memes are transmitted when …
Persistent link: https://www.econbiz.de/10011307289
The objective of the paper is to analyze the formation of social networks where individuals are allowed to engage in … several groups at the same time. These group structures are interpreted here as social networks. Each group is supposed to …' preferences under which stable social networks are induced for sure. Furthermore, by embedding many-to-many matchings into our …
Persistent link: https://www.econbiz.de/10011307294
This paper models the dynamic process through which a large society may succeed in building up its "social capital" by establishing a stable and dense pattern of interaction among its members. In the model, agents interact according to a collection of infinitely repeated Prisoner's Dilemmas...
Persistent link: https://www.econbiz.de/10011325082
We study private communication in social networks prior to a majority vote on two alternative policies. Some (or all …
Persistent link: https://www.econbiz.de/10011662415
Our societies are heterogeneous in many dimensions such as census, education, religion, ethnic and cultural composition. The links between individuals - e.g. by friendship, marriage or collaboration - are not evenly distributed, but rather tend to be concentrated within the same group. This...
Persistent link: https://www.econbiz.de/10010270941
We develop a social network model of occupational segregation between different social groups, generated by the existence of positive inbreeding bias among individuals from the same group. If network referrals are important for job search, then expected homophily in the contact network structure...
Persistent link: https://www.econbiz.de/10010270952