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fellowships and the market for judicial clerks) in the presence of social networks. We offer a two-stage model in which workers in … changes to the network structure on the unraveling of the market towards early hiring. Moreover, we show that an efficient … design of the matching procedure can prevent unraveling. …
Persistent link: https://www.econbiz.de/10010284029
centrality measures that we construct from the probabilities of node-to-node information transmission in networks, for which we …
Persistent link: https://www.econbiz.de/10011928009
in a buyer-seller network and suggest a framework for studying repeated games in such networks. In our framework, buyers …, sparseness, and segregation. We find that the incentive constraints rule out networks that maximize the volume of trade and that … the constrained trade maximizing networks are in between old world segregated and sparse networks, and a global market. …
Persistent link: https://www.econbiz.de/10010284065
We analyze the endogenous formation of R&D networks, where firms are active in different product markets and can …
Persistent link: https://www.econbiz.de/10011663182
This paper studies fictitious play in networks of noncooperative two-player games. We show that continuous …-play property. As an extension, we consider networks in which each bilateral game is strategically zero-sum, a weighted potential …, which entails a generalization of Robinson's theorem to arbitrary zero-sum networks. Applications include security games …
Persistent link: https://www.econbiz.de/10011663198
This paper studies fictitious play in networks of noncooperative two-person games. We show that continuous … functions do not possess the continuous-time fictitious-play property. As extensions, we consider networks in which each … zero-sum networks. Applications include security games, conflict networks, and decentralized wireless channel selection. …
Persistent link: https://www.econbiz.de/10012026511
This paper characterizes the optimal advertising strategy of candidates in an election campaign, where groups of heterogeneous voters are targeted through media outlets. We discuss its effects on the implemented policy and relate it to the well-documented increase in polarization. Additionally,...
Persistent link: https://www.econbiz.de/10011927972
's and women's labor market performance. Men's networks lead to better access to information, women's to higher peer pressure …
Persistent link: https://www.econbiz.de/10011927974
' efforts do not neutralize each other and their payoffs and competitive advantages depend on the networks they face. Our …
Persistent link: https://www.econbiz.de/10011927975
optimal design of social networks like Facebook or Google+. We distinguish between unilateral and bilateral connections and …
Persistent link: https://www.econbiz.de/10011282489