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 …

networks. Individuals come in different types and have type-dependent benefits from friendships; we examine the properties of a …

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 …

role of length and closeness of friendships on the degree of homophily. We also exploit the dynamics of the friendship by …Homophily is the tendency to establish relationships among people who share similar characteristics or attributes. This …’ occupational class proved to be insignificant. We also show that the degree of homophily among friends selected from a random …

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 …