Showing 1 - 10 of 2,039
identification and application show that the analysis of social interactions can be extended to economic realms where no network data …
Persistent link: https://www.econbiz.de/10014480409
higher if two agents share links in common. Second, agents may assortatively match on unobserved attributes, a process called … homophily. I study parameter identifiability in a simple model of dynamic network formation with both effects. Agents form … on unobservables. I leave the joint distribution of the initial network and the pair-specific utility component, a very …
Persistent link: https://www.econbiz.de/10011594326
-action game. Covered examples include (certain types of) peer effect, technology adoption, strategic network formation, and multi …
Persistent link: https://www.econbiz.de/10014480510
We introduce "group cohesion" to study the economic relevance of social relationships in team production. We operationalize measurement of group cohesion, adapting the "oneness scale" from psychology. A series of experiments, including a pre-registered replication, reveals strong positive...
Persistent link: https://www.econbiz.de/10014480559
We study a model of network formation and start-up financing with endogenous entrepreneurial type distribution. A hub … firm admits members to its network based on signals about entrepreneurs' types. Network membership is observable, which … allows lenders to offer different interest rates to network and stand-alone entrepreneurs. We show that a network outcome can …
Persistent link: https://www.econbiz.de/10010270476
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10010275834
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10010320417
We develop and analyze a tractable empirical model for strategic network formation that can be estimated with data from … a single network at a single point in time. We model the network formation as a sequential process where in each period …, the characteristics of the potential partner, and on features of the current state of the network, such as whether the the …
Persistent link: https://www.econbiz.de/10010288387
This paper investigates the relationship between a CEO's social network, firm identity, and firm performance. There are … two competing theories that predict contradictory outcomes. Following social network theory, one would expect a positive … network affects firm performance negatively. Even so, growth companies are actively seeking CEOs with a large social network …
Persistent link: https://www.econbiz.de/10010277938
This paper considers a model of economic network characterized by an endogenous architecture and frictions in the … relations among agents as described in Bala and Goyal (2000). We propose a similar network model with the difference that …
Persistent link: https://www.econbiz.de/10010293402