Showing 1 - 10 of 10,763
We consider a network game with strategic complementarities where the individual reward or the strength of interactions is only partially known by the agents. Players receive different correlated signals and they make inferences about other players' information. We demonstrate that there exists...
Persistent link: https://www.econbiz.de/10011096094
We survey the literature on social networks by putting together the economics, sociological and physics/applied mathematics approaches, showing their similarities and differences. We expose, in particular, the two main ways of modeling network formation. While the physics/applied mathematics...
Persistent link: https://www.econbiz.de/10008557014
The aim of this paper is to provide a new mechanism based on social interactions explaining why minority workers have worse labor-market outcomes than majority workers. Building on Granovetter's idea that weak ties are superior to strong ties for providing support in getting a job, we develop a...
Persistent link: https://www.econbiz.de/10009322974
We develop a dynamic model of identity formation that explains why ethnic minorities may choose to adopt oppositional identities (i.e. some individuals may reject or not the dominant culture) and why this behavior may persist over time. We first show that the prevalence of an oppositional...
Persistent link: https://www.econbiz.de/10009493553
We develop two different social network models with different economic foundations. In the local-aggregate model, it is the sum of friends' efforts in some activity that affects the utility of each individual while, in the local-average model, it is costly to deviate from the average effort of...
Persistent link: https://www.econbiz.de/10009205066
Recent theoretical work has examined the spatial distribution of unemployment using the efficiency wage model as the mechanism by which unemployment arises in the urban economy. This paper extends the standard efficiency wage model in order to allow for behavioural substitution between leisure...
Persistent link: https://www.econbiz.de/10005662249
We develop a model where the decision to commit a crime in a neighboring area is a positive function of the percentage of same-race individuals residing in that area since they can provide crucial information on crime possibilities. The model then predicts a positive spatial correlation in crime...
Persistent link: https://www.econbiz.de/10005662379
We model a South African city during Apartheid (in which both schooling and mobility are restricted on the basis of race) and after Apartheid (in which no restrictions are imposed). We first show that the inequality between blacks and whites decreases when Apartheid laws are removed. Indeed,...
Persistent link: https://www.econbiz.de/10005666413
We develop a model where information about jobs is essentially obtained through friends and relatives, i.e. strong and weak ties. Workers commute to a business centre to work and to interact with other people. We find that housing prices increase with the level of social interactions in the city...
Persistent link: https://www.econbiz.de/10005666496
The aim of this Paper is to study the impact of the size and the quality of social networks on the probability of finding a job. We first develop a theoretical model in which individuals are embedded within a network of social relationships. Workers can obtain information about jobs either...
Persistent link: https://www.econbiz.de/10005666629