Showing 1 - 10 of 20
We examine how three different communication processes operating through social networks are affected by homophily … - the tendency of individuals to associate with others similar to themselves. Homophily has no effect if messages are … broadcast or sent via shortest paths; only connection density matters. In contrast, homophily substantially slows learning based …
Persistent link: https://www.econbiz.de/10010279447
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 … a number of results: (i) for low levels of homophily the product attractive to both types of consumers is preferred to …
Persistent link: https://www.econbiz.de/10010272373
, then expected homophily in the contact network structure induces different career choices for individuals from different …
Persistent link: https://www.econbiz.de/10010270952
with similar others (homophily). And they tend to treat others more favorably if they are perceived to share the same … exogenously. When agents can a ect who they are matched with, we nd strong evidence of homophily. However, in-group biases either … cannot explain this fact. We also show that homophily is strongly correlated with risk aversion, and we use this fact to …
Persistent link: https://www.econbiz.de/10010282981
We introduce two pieces of information, denoted memes, into a diffusion process in which memes are transmitted when individuals meet and forgotten at an exogenous rate. At most one meme can be transmitted at a meeting, which introduces opportunity costs in the process. Individuals differ...
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 have specific rules or constitutions governing which...
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) agents receive a private imperfect signal about which policy is correct. They can, but need not, recommend a policy to their neighbors in the social network prior to the vote. We...
Persistent link: https://www.econbiz.de/10011662415
-based homophily and ii) they are both remarkably stationary in time; concerning race iii) school friendships do not exhibit … opportunity-based homophily, while marriages do, iv) choice-based homophily is much stronger for marriages than for friendships … tend to be concentrated within the same group. This phenomenon, called imbreeding homophily, has been related to either …
Persistent link: https://www.econbiz.de/10010270941
This paper studies whether conformism behavior affects individual outcomes in crime. We present a social network model of peer effects with ex-ante heterogeneous agents and show how conformism and deterrence affect criminal activities. We then bring the model to the data by using a very detailed...
Persistent link: https://www.econbiz.de/10010272401