Showing 1 - 10 of 377
We present an analytical solution for the connectivity of a network model with a "non-simultaneous" linking scheme. Despite its simplicity, this model exhibits node-space correlations in the link distribution, and anomalous fluctuations behavior of the time series of the connectivity variable,...
Persistent link: https://www.econbiz.de/10011719779
In this paper, we connect the social network theory on centrality measures to the economic theory of preferences and utility. Using the fact that networks form a special class of cooperative TU-games, we provide a foundation for the degree measure as a von Neumann-Morgenstern expected utility...
Persistent link: https://www.econbiz.de/10011688772
One of the most famous ranking methods for digraphs is the ranking by Copeland score. The Copeland score of a node in a digraph is the difference between its outdegree (i.e. its number of outgoing arcs) and its indegree (i.e. its number of ingoing arcs). In the ranking by Copeland score, a node...
Persistent link: https://www.econbiz.de/10012023971
This paper studies strategic interaction in networks. We focus on games of strategic substitutes and strategic complements, and departing from previous literature, we do not assume particular functional forms on players' payoffs. By exploiting variational methods, we show that the uniqueness,...
Persistent link: https://www.econbiz.de/10011794635
This paper studies how the structure of the International Trade Network (ITN) changes in geographical space and along time. We employ geographical distance between countries in the world to filter the links in the ITN, building a sequence of sub-networks, each one featuring trade links occurring...
Persistent link: https://www.econbiz.de/10013099501
This paper argues that financial links between agents may lead to the resilience or to the contagion of financial distress. Our model details the real effects of agents' beliefs on the resilience of the economy. When the economy is connected enough, it is subject to an unstable equilibrium. Our...
Persistent link: https://www.econbiz.de/10013150505
This paper uses the tools of network analysis to assess the different characteristics of world trade in different manufacturing industries.The structure of the trade networks is compared to understand to what extent the world market characteristics differ between sectors. We find that in some...
Persistent link: https://www.econbiz.de/10012920660
The paper studies topological properties of weighted directed graphs corresponding to highly aggregated macroeconomic input-output networks in Russia and the USA. As these graphs are complete or almost complete the study focuses on weight-sensitive characteristics of weighted directed networks....
Persistent link: https://www.econbiz.de/10012928378
The emergence and survival of cooperation is one of the hardest problems still open in science. Several factors such as the existence of punishment, repeated interactions, topological effects and the formation of prestige may all contribute to explain the counter-intuitive prevalence of...
Persistent link: https://www.econbiz.de/10012929847
This paper provides statistical learning techniques for determining the full own-price market impact and the relevance and effect of cross-price and cross-asset spillover channels from intraday transactions data. The novel tools allow extracting comprehensive information contained in the limit...
Persistent link: https://www.econbiz.de/10012614016