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We develop a model in which non-white individuals are defined with respect to their social environment (family, friends, neighbors) and their attachments to their culture of origin (religion, language), and in which jobs are mainly found through social networks. We find that, depending on how...
Persistent link: https://www.econbiz.de/10005822772
We develop a model in which non-white individuals are defined with respect to their social environment (family, friends, neighbours) and their attachments to their culture of origin (religion, language), and in which jobs are mainly found through social networks. We find that, depending on how...
Persistent link: https://www.econbiz.de/10005792206
We develop a dynamic network formation model that can explain the observed nestedness in real-world networks. Links are formed on the basis of agents' centrality and have an exponentially distributed life time. We use stochastic stability to identify the networks to which the network formation...
Persistent link: https://www.econbiz.de/10011019213
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/10008502564
Network formation constitutes an important part of many social and economic processes, but relatively little is known about how individuals make their linking decisions in networks. This article provides an experimental investigation of behavioral effects in individual decisions of network...
Persistent link: https://www.econbiz.de/10008504420
In order to understand the different characteristics observed in real-world networks, one needs to analyze how and why networks form, the impact of network structure on agents' outcomes, and the evolution of networks over time. For this purpose, we combine a network game introduced by Ballester...
Persistent link: https://www.econbiz.de/10008577811
We consider a dynamic model of network formation where agents form and sever links based on the centrality of their potential partners. We show that the existence of capacity constrains in the amount of links an agent can maintain introduces a transition from dissortative to assortative...
Persistent link: https://www.econbiz.de/10008684691
well as for the identity of the key player. We study the possibility of testing endogeneity in network formation. We …
Persistent link: https://www.econbiz.de/10011170400
We model network formation when heterogeneous nodes enter sequentially and form connections through both random meetings and network-based search, but with type-dependent biases. We show that there is “long-run integration”, whereby the composition of types in sufficiently old nodesʼ...
Persistent link: https://www.econbiz.de/10011042960
well as for the identity of the key player. We study the possibility of testing endogeneity in network formation. We …
Persistent link: https://www.econbiz.de/10011196642