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'radius of trust': an endogenous network listing the potentially cooperative relationships between pairs of players in a … network that connects them. We find that information supports cooperation by increasing trust between players, and obtain the … community. We identify two aspects of trust, which relate to the network structure in different ways. Where trust depends on the …
Persistent link: https://www.econbiz.de/10011773641
Persistent link: https://www.econbiz.de/10013482197
We develop a product-differentiated model where the product space is a network defined as a set of varieties (nodes) linked by their degrees of substitutability (edges). We also locate consumers into this network, so that the location of each consumer (node) corresponds to her "ideal" variety....
Persistent link: https://www.econbiz.de/10011548095
Persistent link: https://www.econbiz.de/10011602814
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
We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We … links. We characterize the networks that are supported under these variations and show how each of the above aspects is …
Persistent link: https://www.econbiz.de/10011603119
The structures of social interaction affect individual behavior and economic performance in important ways. This leads us to ask: does the architecture of social interaction exhibit particular patterns and are these patterns stable over time? We examine interaction among economists by looking at...
Persistent link: https://www.econbiz.de/10011603155
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/10011576206
We explain persistent differences in cultural traits of immigrant groups with the presence of community leaders. Leaders influence the cultural traits of their community, which have an impact on the group's earnings. They determine whether a community will be more assimilated and wealthier or...
Persistent link: https://www.econbiz.de/10011576268
'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/10011576290