, then expected homophily in the contact network structure induces different career choices for individuals from different …

The paper studies the impact of homophily on the optimal strategies of a monopolist, whose marketing campaign of new … product relies on a word of mouth communication. Homophily is a tendency of people to interact more with those who are similar … a number of results: (i) for low levels of homophily the product attractive to both types of consumers is preferred to …

network segregation, as measured by inbreeding homophily, on the other hand. Our analysis is based on both U.S. and Estonian …

gap. The evidence is consistent with a homophily-enforced mechanism, by which friendship causes initially politically …

We propose a random network model incorporating heterogeneity of agents and a continuous notion of homophily. Unlike … the vast majority of the corresponding economic literature, we capture homophily in terms of similarity rather than … characteristics. A homophily parameter directly determines the strength of this effect. As a main result, we show that for any …

We study the existence of homophily (i.e. the tendency for people to make friends with people who are similar to … existence of homophily with respect to trustworthiness. Trustors´ beliefs about the trustees´ trustfulness are not affected by …

frequently than predicted by their proportion among authors. Using a measure of homophily for individual papers, we find that … greater homophily is associated with publication in lower impact journals and with fewer citations, even holding fixed the …

We propose a random network model incorporating heterogeneity of agents and a continuous notion of homophily. Unlike … the vast majority of the corresponding economic literature, we capture homophily in terms of similarity rather than … homophily levels. As a possible application we provide a stylized labor market model, where a firm can hire a worker via the …

a unique value of network homophily maximizing the present value of income. Therefore, there is a gain for risk …