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This paper studies an evolutionary model of network formation with endogenous decay, in which agents benefit both from direct and indirect connections. In addition to forming (costly) links, agents choose actions for a coordination game that determines the level of decay of each link. We address...
Persistent link: https://www.econbiz.de/10010294802
hierarchical networks in the generalized model that presumably reflect the institutional heterogeneity of financial markets. These …
Persistent link: https://www.econbiz.de/10010299741
neuroeconomics and the theory of networks. I introduce the triadic conceptual framework established by Peirce which distinguishes … and object self implies a systematic role of sign processing in social networks for any kind of consumer choice. I …
Persistent link: https://www.econbiz.de/10010303838
seems that few scholars have discussed the relationship between social networks and the Boltzmann-Gibbs distribution … popular empirical network structures such as small world networks and scale-free networks. In addition, our simulation results …
Persistent link: https://www.econbiz.de/10010305848
networks with different topologies: random networks, small-world networks and scale-free networks. Agents sequentially choose … situation where one technology is seeded randomly while the other is directed to targeted (highly connected) agents. We show … that even if the initial seeding is positively biased toward the first technology (more agents start with the choice of the …
Persistent link: https://www.econbiz.de/10010322328
into account the potential externalities networks produce. Once social ties are in place, these externalities shape the … norms are easily sustained in symmetric networks. By contrast, when an efficient interaction requires players to play …
Persistent link: https://www.econbiz.de/10010325280
I study a one-way flow connections model in which players are heterogeneous with respect to values and the costs of establishing a link. I first show that values and costs asymmetries are crucial in determining the level of connectedness of a network. Interestingly, unconnected equilibria are...
Persistent link: https://www.econbiz.de/10010325361
Das deutsche Forschungssystem ist stark segmentiert, und es gibt Hinweise darauf, dass die Kooperation zwischen den verschiedenen Institutionen verbesserungsbedürftig ist. Insbesondere der Vernetzung von Wissenschaft und Wirtschaft stehen sehr oft Barrieren entgegen. Als bedeutende Hemmnisse...
Persistent link: https://www.econbiz.de/10011601763