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Social Norms in Networks
Ushchev, Philip - 2019
Although the linear-in-means model is the workhorse model in empirical work on peer effects, its theoretical properties are understudied. In this study, we develop a social-norm model that provides a microfoundation of the linear-in-means model and investigate its properties. We show that...
Persistent link: https://www.econbiz.de/10012859300
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Social Norms in Networks
Ushchev, Philip - 2018
Although the linear-in-means model is the workhorse model in empirical work on peer effects, its theoretical properties are understudied. In this paper, we investigate how social norms affect individual effort, aggregate effort, and welfare. While individual productivity always positively...
Persistent link: https://www.econbiz.de/10012909443
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Community Formation in Networks
bochet, olivier; Ferrali, Romain; Zenou, Yves - 2022
We study a strategic model of community formation on networks. Starting from a seed community member, the process of community formation is sequential, with infinitely-patient and forward-looking agents making strategic offers to their neighbors. Each agent makes an irreversible binary choice,...
Persistent link: https://www.econbiz.de/10013294427
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Network topology and market structure
Chen, Ying-Ju; Zenou, Yves; Zhou, Junjie - 2020
Persistent link: https://www.econbiz.de/10012214814
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The impact of network topology and market structure on pricing
Chen, Ying-Ju; Zenou, Yves; Zhou, Junjie - In: Journal of economic theory 204 (2022), pp. 1-49
Persistent link: https://www.econbiz.de/10013473630
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On the Existence of Spatial Monopolies Under Free Entry
Zenou, Yves; Steinmetz, Sebastien - In: Economics Bulletin 4 (2001) 8, pp. 1-10
This paper studies the question of entry in the circular city model when the pre-entry market structure involves local monopolies. In contrast with Salop (1979), we show that the unit profit rate of incumbent monopolists is strictly positive and bounded above. The upper bound decreases with the...
Persistent link: https://www.econbiz.de/10005416944
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A dynamic model of network formation with strategic interactions
König, Michael D.; Tessone, Claudio J.; Zenou, Yves - 2009
Persistent link: https://www.econbiz.de/10003912906
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Games on Networks
Jackson, Matthew O.; Zenou, Yves - 2014
We provide an overview and synthesis of the literatures analyzing games in which players are connected via a network … structure. We discuss, in particular, the impact of the structure of the network on individuals' behaviors. We focus on game …
Persistent link: https://www.econbiz.de/10014166303
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A Dynamic Model of Network Formation with Strategic Interactions
Koenig, Michael - 2010
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 et al. [2006], where the Nash equilibrium action of each agent is … proportional to her Bonacich centrality, with an endogenous network formation process. Links are formed on the basis of agents …
Persistent link: https://www.econbiz.de/10013144348
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Social norms in networks
Ushchev, Philip; Zenou, Yves - 2018
Persistent link: https://www.econbiz.de/10012000620