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Social media have great potential to support diverse information sharing, but there is widespread concern that platforms like Twitter do not result in communication between those who hold contradictory viewpoints. Because users can choose whom to follow, prior research suggests that social media...
Persistent link: https://www.econbiz.de/10014126209
We study the diffusion of a true and a false opinion (the rumor) in a social network. Upon hearing an opinion, individuals may believe it, disbelieve it, or debunk it through costly verification. Whenever the truth survives in steady state, so does the rumor. Online social communication...
Persistent link: https://www.econbiz.de/10012861202
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...
Persistent link: https://www.econbiz.de/10008811020
We consider a network game based on matching pennies with two types of agents, conformists and rebels. Conformists prefer to match the action taken by the majority of her neighbors while rebels like to match the minority. We investigate the simultaneous best response dynamic focusing on the...
Persistent link: https://www.econbiz.de/10012905355
We propose new models, simulations, and data analyses to elaborate on the process of formation of a network. In these models, new agents search edges instead of nodes before connecting to other agents. The edges can represent patents between technology firms, assets between dealers, viruses...
Persistent link: https://www.econbiz.de/10013298289
This paper proposes a stochastic model of a bipartite credit network between banks and the non-bank corporate sector that encapsulates basic stylized facts fond in comprehensive data sets for bank-firm loans for a number of countries. When performing computational experiment with this mode, we...
Persistent link: https://www.econbiz.de/10010394343
We introduce a simple two-stage game of endogenous network formation and information sharing for reasoning about the optimal design of social networks like Facebook or Google. We distinguish between unilateral and bilateral connections and between targeted and collective information sharing....
Persistent link: https://www.econbiz.de/10013055757
We introduce a simple two-stage game of endogenous network formation and information sharing for reasoning about the optimal design of social networks like Facebook or Google+. We distinguish between unilateral and bilateral connections and between targeted and collective information sharing....
Persistent link: https://www.econbiz.de/10010360337
We investigate the role of conflicting interests in a boundedly rational model of belief dynamics. Individuals have different preferences about the action to take, are subject to persuasion bias and repeatedly communicate with their neighbors in a social network. They communicate strategically...
Persistent link: https://www.econbiz.de/10014135492
We study the impact of bots on social learning in a social network setting. Regular agents receive independent noisy signals about the true value of a variable and then communicate in a network. They na¨ıvely update beliefs by repeatedly taking weighted averages of neighbors' opinions. Bots...
Persistent link: https://www.econbiz.de/10013472296