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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
among sellers. In dense networks, competition limits the scope of indirect appropriability and intellectual property rights …
Persistent link: https://www.econbiz.de/10013189086
among sellers. In dense networks, competition limits the scope of indirect appropriability and intellectual property rights …
Persistent link: https://www.econbiz.de/10012806313
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
about node-players' information and is necessary for Nash equilibrium and for pairwise stability. Second, efficient networks …
Persistent link: https://www.econbiz.de/10014496075
about node-players' information and is necessary for Nash equilibrium and for pairwise stability. Second, efficient networks …
Persistent link: https://www.econbiz.de/10014281320
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 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
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
We analyze the formation of partnerships in social networks. Players need favors at random times and ask their …
Persistent link: https://www.econbiz.de/10012215334