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We introduce a simple two-stage game of endogenous network formation and information sharing for reasoning about the … then we study how the network design and the utility specifications affect welfare. Surprisingly, we find that in general … "babblers" or "friends", irrespective of whether the network is unilateral or bilateral, in equilibrium, targeted information …
Persistent link: https://www.econbiz.de/10010360337
Social connections that reach distant places are advantageous for individuals and firms by providing access to new skills and knowledge. However, systematic evidence on how firms work up global knowledge access is still missing. In this paper, we analyse how global work connections relate to...
Persistent link: https://www.econbiz.de/10012284846
This paper develops strategic foundations for an important statistical model of random networks with heterogeneous expected degrees. Based on this, we show how social networking services that subtly alter the costs and indirect benefits of relationships can cause large changes in behavior and...
Persistent link: https://www.econbiz.de/10014196748
Studies in the social capital literature have documented two stylised facts: first, a decline in measures of social participation has occurred in many OECD countries. Second, and more recently, the success of social networking sites (SNSs) has resulted in a steep rise in online social...
Persistent link: https://www.econbiz.de/10011527200
We explore how participation in social networking sites (SNS) such as Facebook and Twitter affects the most economically relevant aspect of social capital, trust. We use measures of trust in strangers (or social trust), trust in neighbours and trust in the police. We address endogeneity in the...
Persistent link: https://www.econbiz.de/10011527256
Studies in the social capital literature have documented two stylised facts: first, a decline in measures of social participation has occurred in many OECD countries. Second, and more recently, the success of social networking sites (SNSs) has resulted in a steep rise in online social...
Persistent link: https://www.econbiz.de/10010222317
individuals through job moves over their career, we establish the dynamic co-worker network across firms of the entire ICT … that have diverse connections but are central to the network as well. We find that large firms benefit more from triadic … closure in the co-worker network, stressing the role cohesive relations in sharing complex knowledge. Our results highlight …
Persistent link: https://www.econbiz.de/10012581653
mechanisms behind the collapse of an online social network (OSN), iWiW. Significant cascading mechanisms have been identified in … actors that started these cascades and abandoned the site early compared to others in their network. We contrasted … innovativeness. On the one hand, those who are well embedded in their existing network have more to lose. On the other hand, people …
Persistent link: https://www.econbiz.de/10011628083
We build a search-and-matching algorithm of network dynamics with decision-making under incomplete information, seeking …, produces populist and polarization network dynamics. Homophily leads to actions with more weight on biases and less weight on …
Persistent link: https://www.econbiz.de/10012040625
The very notion of social network implies that linked individuals interact repeatedly with each other. This allows them …-graphs of the social network. For large network games, the number of such equilibria is exponentially large in the number of …
Persistent link: https://www.econbiz.de/10013112256