broadcast or sent via shortest paths; only connection density matters. In contrast, homophily substantially slows learning based … on repeated averaging of neighbors' information and Markovian diffusion processes such as the Google random surfer model … friendship networks from the Adolescent Health dataset. -- Networks ; Learning ; Diffusion ; Homophily ; Friendships ; Social …

We investigate how the selection process of a leader affects team performance with respect to social learning. We use a … that random leaders are better able to use the knowledge within the team. We can show that it is the declaration of the … models of social learning to investigate the micro-level mechanisms. We find that overconfidence and conservatism contribute …

theory. It manifests the author's command of cutting edge analytical tools, concepts, and theoretical approaches both in the …/Kaleckian account of demand-constrained equilibrium, is a viable -- indeed, superior -- alternative to mainstream theory. While the book …

We propose a theory of how market power affects wage inequality. We ask how goods and labor market power jointly affect …