Showing 1 - 10 of 20,516
We introduce a simple two-stage game of endogenous network formation and information sharing for reasoning about the … optimal design of social networks like Facebook or Google+. We distinguish between unilateral and bilateral connections and … then we study how the network design and the utility specifications affect welfare. Surprisingly, we find that in general …
Persistent link: https://www.econbiz.de/10010360337
explanation for many core-periphery structures observed in real life social networks. -- Network Formation ; Heterogeneity … solely on the types of the two end agents. Core periphery networks are defined as networks in which the agents' set can be … over the other, controlling for path length. An exhaustive analysis shows that core periphery networks, in which the …
Persistent link: https://www.econbiz.de/10008810996
We analyze R&D collaboration networks in industries where firms are competitors in the product market. Firms' benefits … characterization of both equilibrium networks and endogenous production choices in the form of a Gibbs measure. We analyze the … efficient network maximizing social welfare, and find that the efficient graph is either empty, complete or shows a strong core …
Persistent link: https://www.econbiz.de/10011429537
We investigate the network topology of a comprehensive data set of the world-wide population of corporate entities. In … themselves both at the level of national networks and at the worldwide aggregated level. …
Persistent link: https://www.econbiz.de/10011436477
This paper studies a noncooperative model of network formation. Built upon the two-way flow model of Bala and Goyal … number of his links. This assumption results in the fact that a large set of Nash networks are disconnected and consist of … components of different sizes, a feature that resembles that of real-world networks. Discussions on this insight are provided. …
Persistent link: https://www.econbiz.de/10011558335
Most literature in strategic network formation shows that there is a substantial tension between stability and … (2000a) and De Jaegher and Kamphorst (2015). Specifically, I show that every link receiver in a Nash network serves as an … fine-detail characterization of effiicient networks. …
Persistent link: https://www.econbiz.de/10013254442
The paper proposes a game of weighted network formation in which each agent has a limited resource to form links of …, uniquely predicts the equilibrium values of each agent's network investment and utility level, as well as the ratio of any two …
Persistent link: https://www.econbiz.de/10012415548
We present a new approach to the study of networks where the formation of links is driven by unilateral initiative of … nodes. First, we propose a mathematical description of the extreme introvert and extrovert model (XIE), a dynamic network … generalization of the model in which intermittent states can make the evolution of connectivity slower. In this class of networks …
Persistent link: https://www.econbiz.de/10011671040
networks can also be shown to have larger aggregate payoff. I then estimate the model using a network of coinventors and …This paper analyzes the formation of networks in which each agent is assumed to possess some information of value to … the other agents in the network. Agents derive payoff from having access to the information of others through …
Persistent link: https://www.econbiz.de/10011671893
determines the structures of networks. In our model, agents are endowed with their own multidimensional characteristics and their … stable networks, and analyze how they are related to the way agents measure social distances. The model predicts the small …-formation costs, the model also accommodates other well documented empirical patterns of social networks such as skewed degree …
Persistent link: https://www.econbiz.de/10011705107