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{private signal} correlated with the underlying state, they exchange information over the induced \textit{communication network} until … some additional conditions, also only if) in the induced communication network most agents are a short distance away from … response, it is an equilibrium when the communication network induces asymptotic learning. Moreover, we contrast equilibrium …
Persistent link: https://www.econbiz.de/10011684965
underlying state, they exchange information over the induced communication network until taking an (irreversible) action. We …, also only if) in the induced communication network most agents are a short distance away from “information hubs,” which … equilibrium when the communication network induces asymptotic learning. Moreover, we contrast equilibrium behavior with a socially …
Persistent link: https://www.econbiz.de/10014190897
in the context of a network formation game (where links can be interpreted as friendships in a social network … acquiring the information with others) through a percolation process over the equilibrium network. Privacy concerns are modeled …
Persistent link: https://www.econbiz.de/10011491734
linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 …-1994. The interaction of this pre-existing network structure with patent growth in upstream technology fields has strong …
Persistent link: https://www.econbiz.de/10012977470
financial institutions. Focusing on a multi sector economy linked through a supply network, we show how structural properties of … the supply network determine both whether aggregate volatility disappears as the number of sectors increases (i … aggregate output from its mean) to sector-specific volatility and to the structural properties of the supply network …
Persistent link: https://www.econbiz.de/10012462141
Persistent link: https://www.econbiz.de/10011650465
financial institutions. Focusing on a multi sector economy linked through a supply network, we show how structural properties of … the supply network determine both whether aggregate volatility disappears as the number of sectors increases (i … aggregate output from its mean) to sector-specific volatility and to the structural properties of the supply network …
Persistent link: https://www.econbiz.de/10013136361
establishing the presence of a financial network externality in the process of network formation. We then illustrate how the …
Persistent link: https://www.econbiz.de/10013029775
Persistent link: https://www.econbiz.de/10011793602
linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 …-1994. The interaction of this pre-existing network structure with patent growth in upstream technology fields has strong …
Persistent link: https://www.econbiz.de/10012980187