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It's a match! Simulating compatibility-based learning in a network of networks

Schlaile, Michael; Zeman, Johannes; Müller, Matthias - In: Memetics and evolutionary economics : to boldly go …, (pp. 99-140). 2021

In this article, we develop a new way to capture knowledge diffusion and assimilation in innovation networks by means …-of-networks approach, where agents are located within an innovation network and each agent itself contains another network composed of … between agents. Additionally, our simulation results give fresh impetus to debates about the interplay of innovation network …

Persistent link: https://www.econbiz.de/10012425275

Learning faster or more precisely? : strategic experimentation in networks

Wuggenig, Mirjam - 2014

The paper analyzes a dynamic model of rational strategic learning in a network. It complements existing literature by providing a detailed picture of short-run dynamics in a game of strategic experimentation where agents are located in a social network. We show that the delay in information...

Persistent link: https://www.econbiz.de/10010441988

Learning in networks with idiosyncratic agents

Khandelwal, Vatsal - In: Games and economic behavior 144 (2024), pp. 225-249

Persistent link: https://www.econbiz.de/10014545393

Chapter 15. Learning in Networks

Goyal, Sanjeev - In: Handbook of social economics : volume 1, (pp. 679-727). 2011

We choose between alternatives without being fully informed about the rewards from different courses of action. In making our decisions, we use our own past experience and the experience of others. So the ways in which we interact - our social network - can influence our choices. These choices...

Persistent link: https://www.econbiz.de/10014025688