We propose a random network model incorporating heterogeneity of agents and a continuous notion of homophily. Unlike … positive level of homophily our model exhibits clustering, that is an increased probability of linkage given a common neighbor … the vast majority of the corresponding economic literature, we capture homophily in terms of similarity rather than …

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 … equality of agents. We show that if links between similar agents are indeed more likely, our homophilous random network model …

network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …

network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …

We examine how three different communication processes operating through social networks are affected by homophily … - the tendency of individuals to associate with others similar to themselves. Homophily has no effect if messages are … broadcast or sent via shortest paths; only connection density matters. In contrast, homophily substantially slows learning based …

When workers send applications to vacancies they create a network. Frictionsarise because workers typically do not know … frictionaffects network formation, while the second coordination friction affects networkclearing. We show that those frictions and … arise and the number of matches on a given network. Equilibria that exhibitwage dispersion are inefficient in terms of …

This paper investigates the determinants of school friendship networks among adolescents, proposing a model of network …, Germany, the Netherlands and Sweden. We test the idea that networks arise according to homophily along many characteristics …

average, children's homophily acts as a complement to the educational effort of highly educated parents but as a substitute … interactions with other low-educated students (i.e., homophily), which reduces the education effort of their parents and, thus …

study the structural differences between the children network of friends reported by children and the one elicited asking … their parents. We find that the parents' network has a bias: parents expect peer effects on school achievement to be …