Narrow search
Showing 1 - 10 of 168
Cover Image
Optimal information transmission in organizations : search and congestion
Arenas, Àlex; Cabrales, Antonio; Díaz-Guilera, Albert; … - 2004
We propose a stylized model of a problem-solving organization whose internal communication structure is given by a fixed network. Problems arrive randomly anywhere in this network and must find their way to their respective specialized solvers by relying on local information alone. The...
Persistent link: https://www.econbiz.de/10011603091
Cover Image
Building up social capital in a changing world : a network approach
Vega-Redondo, Fernando - 2003
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 played...
Persistent link: https://www.econbiz.de/10011591665
Cover Image
Applications and interviews : a structural analysis of two-sided simultaneous search
Wolthoff, Ronald - 2011
Much of the job search literature assumes bilateral meetings between workers and firms. This ignores the frictions that … search model with an endogenous number of contacts. Workers contact firms by applying to vacancies, whereas firms contact … equilibrium welfare is improved if unemployed workers increase their search intensity. -- Directed Search ; Recruitment ; Stable …
Persistent link: https://www.econbiz.de/10009379737
Cover Image
Paths to stability in two-sided matching with uncertainty
Lazarova, Emiliya A.; Dimitrov, Dinko - 2013
We consider one-to-one matching problems under two modalities of uncertainty that differ in the way types are assigned … know the "name" but not the "type" of the other players. Learning occurs via matching and using Bayes' rule. We introduce … Stability ; Two-Sided Matching …
Persistent link: https://www.econbiz.de/10009702237
Cover Image
The evolution of core stability in decentralized matching markets
Nax, Heinrich H.; Pradelski, Bary S. R.; Young, H. Peyton - 2013
Decentralized matching markets on the internet allow large numbers of agents to interact anonymously at virtually no …
Persistent link: https://www.econbiz.de/10009756276
Cover Image
A search-theoretic approach to efficient financial intermediation
Tripier, Fabien - 2014
Persistent link: https://www.econbiz.de/10010490578
Cover Image
Between agora and shopping mall
Falkinger, Josef - 2008
Advertisements provide consumers with knowledge about private products, whereas political information is required to provide voters with knowledge of public issues. Modern information technologies and globalisation are increasing the exposure of individuals to information. Goods advertising is...
Persistent link: https://www.econbiz.de/10003894042
Cover Image
A welfare analysis of "junk" information and spam filters
Falkinger, Josef - 2008
This paper analyses the equilibrium effects of individual information filters. Information is modelled as advertisements which are distributed across a population of consumers with heterogeneous preferences. An advertisement that provides knowledge about a product with little or no utility for a...
Persistent link: https://www.econbiz.de/10003894049
Cover Image
The circulation of ideas in firms and markets
Hellmann, Thomas; Perotti, Enrico C. - 2010
Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may...
Persistent link: https://www.econbiz.de/10008728746
Cover Image
Marketing via friends : strategic diffusion of information in social networks with homophily
Čugaj, Roman N. - 2010
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/10008737098