Showing 1 - 10 of 41
respect to their network position while their names do not matter. Existence of certain stable network structures is then … empty or complete network are always pairwise stable, stable symmetric networks exist, or stable networks with a connected … pairwise stable network is an NSG if utility is given by Bonacich centrality. …
Persistent link: https://www.econbiz.de/10010386357
ect of pollution there are local pollution e ffects represented by a network structure. We show that stable IEAs exist if … the network structure is balanced. Too large asymmetries in the degree of local spillovers may however lead to non …
Persistent link: https://www.econbiz.de/10011301540
pollution there are local pollution effects represented by a network structure. We show that stable IEAs exist if the network …
Persistent link: https://www.econbiz.de/10011348264
social network similarly to the DeGroot model. Abstracting from the standard assumption that individuals always report their … increasing in network centrality and decreasing in the level of conformity. Thus, lower conformity fosters opinion leadership … the sense of a smaller mean squared error of their estimate, if players who are well informed (relative to their network …
Persistent link: https://www.econbiz.de/10010329305
Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between individual strategic behavior and collective outcome. What has...
Persistent link: https://www.econbiz.de/10010272547
This paper studies the properties of convexity (concavity) and strategic complements (substitutes) in network formation … shown that there always exists a pairwise stable network as long as the utility function of each player satisfies convexity … in own links and strategic complements. For network societies with a profile of utility functions satisfying concavity in …
Persistent link: https://www.econbiz.de/10010272600
Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between individual strategic behavior and collective outcome. What has...
Persistent link: https://www.econbiz.de/10010279423
-conforming with their neighbors. We show that an agent's social influence on the long-run group opinion is increasing in network … out that misrepresentation of opinions need not undermine wisdom, but may even enhance it. Given the network, we provide …
Persistent link: https://www.econbiz.de/10010398386
respect to their network position while their names do not matter. Existence of certain stable network structures is then … empty or complete network are always pairwise stable, stable symmetric networks exist, or stable networks with a connected … pairwise stable network is an NSG if utility is given by Bonacich centrality. …
Persistent link: https://www.econbiz.de/10010427185
trait from their parents and their social environment modeled by a network. Parents can engage in the socialization process … of their children by biasing links in the network in order for their children to adopt a cultural trait similar to their … own. In this endogenous network, we study the emergence of positive and negative role models, the existence of a steady …
Persistent link: https://www.econbiz.de/10011806890