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network and other parameters. Given the complexity of the system we use a standard technique for estimating the solution. …
Persistent link: https://www.econbiz.de/10010227321
network and other parameters. Given the complexity of the system we use a standard technique for estimating the solution …
Persistent link: https://www.econbiz.de/10013061677
This paper is based on four axis questions that search for possible answers to understand the role of education in the knowledge society. The given questions are: How to upgrade education to respond to the needs of the 21st century? What principles that lead to creating innovative perspective...
Persistent link: https://www.econbiz.de/10014168154
The increasing pervasiveness of social networks allows users to share purchase behaviors with their online friends. In the present study, we examine optimal pricing strategies of a monopolistic firm using an analytical model that accounts for behavioral observational learning in social networks....
Persistent link: https://www.econbiz.de/10012965525
We develop a model of Ramp;D competition between an incumbent and a potential entrant with network externalities and durable goods. We show that the threat of entry eliminates the commitment problem that an incumbent may face in its Ramp;D decision due to the goods' durability. Moreover, a...
Persistent link: https://www.econbiz.de/10012720951
We study the role of social learning in the diffusion of cash crops in a resettled village economy in northeastern Brazil. We combine detailed geo-coded data on farming plots with dyadic data on social ties among settlers, and we leverage natural exogenous variation in network formation induced...
Persistent link: https://www.econbiz.de/10013237904
We study the role of social learning in the diffusion of cash crops in a resettled village economy in northeastern Brazil. We combine detailed geo-coded data on farming plots with dyadic data on social ties among settlers, and we leverage natural exogenous variation in network formation induced...
Persistent link: https://www.econbiz.de/10013246902
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 games used by Selten and Chmura (2008) and in the comment by Brunner, Camerer and Goeree (2009). Every participant played against four neighbors and could choose a different...
Persistent link: https://www.econbiz.de/10008841787
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 games used by Selten and Chmura (2008) and in the comment by Brunner, Camerer and Goeree (2009). Every participant played against four neighbors and could choose a different...
Persistent link: https://www.econbiz.de/10009315048
This paper investigates opinion dynamics and social influence in directed communication networks. We study the theoretical properties of a boundedly rational model of opinion formation in which individuals aggregate the information they receive from their neighbors by using weights that are a...
Persistent link: https://www.econbiz.de/10010510796