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Persistent link: https://www.econbiz.de/10011991139
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/10010272373
We examine how three different communication processes operating through social networks are affected by homophily … on repeated averaging of neighbors' information and Markovian diffusion processes such as the Google random surfer model … friendship networks from the Adolescent Health dataset. …
Persistent link: https://www.econbiz.de/10010279447
We examine how three different communication processes operating through social networks are affected by homophily … on repeated averaging of neighbors' information and Markovian diffusion processes such as the Google random surfer model … friendship networks from the Adolescent Health dataset. …
Persistent link: https://www.econbiz.de/10005008021
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/10008674339
to international travel, as indicated by centrality in air travel networks and tourist numbers is strongly associated …
Persistent link: https://www.econbiz.de/10012305859
to international travel, as indicated by centrality in air travel networks and tourist numbers is strongly associated …
Persistent link: https://www.econbiz.de/10012299312
The novelty of our model is to combine models of collective action on networks with models of social learning. Agents …
Persistent link: https://www.econbiz.de/10010328348
most successful neighbor. We show that in finite networks, regardless of the network structure, the population converges to … this action will be. In arbitrarily large networks with bounded neighborhoods, an action is diffused to the whole …
Persistent link: https://www.econbiz.de/10014618849
We survey the literature on the economic consequences of the structure of social networks. We develop a taxonomy of … "macro" and "micro" characteristics of social interaction networks and discuss both the theoretical and empirical findings … concerning the role of those characteristics in determining learning, diffusion, decisions, and resulting behaviors. We also …
Persistent link: https://www.econbiz.de/10011794582