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We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We … links. We characterize the networks that are supported under these variations and show how each of the above aspects is …
Persistent link: https://www.econbiz.de/10011324957
The structures of social interaction affect individual behavior and economic performance in important ways. This leads us to ask: does the architecture of social interaction exhibit particular patterns and are these patterns stable over time? We examine interaction among economists by looking at...
Persistent link: https://www.econbiz.de/10011324960
alternative network structures (not just sub-networks) can and should influence the allocation of value among players on any given …
Persistent link: https://www.econbiz.de/10011325073
Empirical studies in the migration literature have shown that migration enclaves (networks) negatively affect the … data on Mexican migration to the US, we show that migrants choose smaller networks as their English language proficiency …
Persistent link: https://www.econbiz.de/10010262689
This paper highlights connections between the discrete and continuous approaches to optimal auction design with single and multi-dimensional types. We provide an interpretaion of an optimal auction design problem in terms of a linear program that is an instance of a parametric shortest path...
Persistent link: https://www.econbiz.de/10010266256
In this paper we explore the ways in which institutions and networks influence entrepreneurial development in Russia … addition, the analysis explores the effectiveness of Russia's informal networks for circumventing the weak institutional … entrepreneurial activity. Our results support the notion of the limited effectiveness of Russia's networks for supporting …
Persistent link: https://www.econbiz.de/10010267935
importance of network effects for groups broken out by race, ethnicity, and various measures of skill, for networks generated by … residential proximity. The evidence indicates that labor market networks play an important role in hiring, more so for minorities … and the less-skilled, especially among Hispanics, and that labor market networks appear to be race-based. …
Persistent link: https://www.econbiz.de/10010269364
This paper employs a weighted network analysis to study the empirical properties of the world trade web and their evolution over time. We show that most countries are characterized by weak trade links; yet, there exists a group of countries featuring a large number of strong relationships, thus...
Persistent link: https://www.econbiz.de/10010328488
Over the past four decades the High Performing Asian Economies (HPAE) have followed a development strategy based on the exposure of their local markets to the presence of foreign competition and on an outward oriented production. In contrast, Latin American Economies (LATAM) began taking steps...
Persistent link: https://www.econbiz.de/10010328502
The purpose of this paper is to explore strategic incentives to use trade networks rather than markets and shed light … infinitely repeated multi-player prisoner's dilemma gamedecentralised system of networks. We investigate the with random matching … trading system. The study states conditions under which agents prefer to trade on networks rather than in markets. …
Persistent link: https://www.econbiz.de/10010277495