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fellowships and the market for judicial clerks) in the presence of social networks. We o¤er a two-stage model in which workers in … changes to the network structure on the unraveling of the market towards early hiring. Moreover, we show that an e¢ cient … design of the matching procedure can prevent unraveling. …
Persistent link: https://www.econbiz.de/10008692034
Research in sociology and economics point to important role for social networks in labor markets. Social contacts … employees. Recent theoretical advances show that for agents connected through networks employment is positively cor- related …
Persistent link: https://www.econbiz.de/10005086405
We introduce a matching model in which agents engage in joint ventures via multilateral contracts. This approach allows us to consider production complementarities previously outside the scope of matching theory. We show analogues of the first and second welfare theorems and, when agents'...
Persistent link: https://www.econbiz.de/10011189755
Coalitional network games are real-valued functions defined on a set of players organized into a network and a coalition structure. We adopt a flexible approach assuming that players organize themselves the best way possible by forming the efficient coalitional network structure. We propose two...
Persistent link: https://www.econbiz.de/10010927690
networks. Individuals come in different types and have type-dependent benefits from friendships; we examine the properties of a …
Persistent link: https://www.econbiz.de/10005057160
Using declassified Federal Bureau of Narcotics records on 800 US Mafia members active in the 1950s and 1960s, and on their connections within the organized crime network, I estimate network effects on gangsters' economic status. Lacking information on criminal proceeds, I measure economic status...
Persistent link: https://www.econbiz.de/10010739413
Using declassified Federal Bureau of Narcotics records on 800 US Mafia mem- bers active in the 1950s and 1960s, and on their connections within the organized crime network, I estimate network effects on gangsters’ economic status. Lacking information on criminal proceeds, I measure economic...
Persistent link: https://www.econbiz.de/10010743398
I develop a framework to explain why identity divides some communities and not others. An identity group is defined as a group of individuals with the same `culture'. A community is divided when different identities are socially segregated; a community is integrated when there is no social...
Persistent link: https://www.econbiz.de/10008672211
Using unique data on criminal profiles of 800 US Mafia members active in the 50s and 60s and on their connections within the Cosa Nostra network we analyze how the geometry of criminal ties between mobsters depends on family ties, community roots and ties, legal and illegal activities. We...
Persistent link: https://www.econbiz.de/10008674209
Yang s theory of economic specialization under increasing returns to scale (Yang 2001) is a formal development of the fundamental Smith-Young theorem on the extent of the market and the social division of labor.In this theory specialization and, thus, the social division of labor is firmly...
Persistent link: https://www.econbiz.de/10011090467