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network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …We survey the literature on social networks by putting together the economics, sociological and physics … not explain why they emerge. On the contrary, the economics approach is very precise in explaining why networks emerge but …
Persistent link: https://www.econbiz.de/10010275834
We report the findings of experiments designed to study how people learn in network games. Network games offer new … opportunities to identify learning rules, since on networks (compared to, e.g., random matching) more rules differ in terms of their … find that learning depends on network position. Participants in more complex environments (with more network neighbors …
Persistent link: https://www.econbiz.de/10011884406
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Persistent link: https://www.econbiz.de/10012234492
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Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71 …, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between … results that relate situations of positive externalities with stable networks that cannot be "too dense" in a well …
Persistent link: https://www.econbiz.de/10005002279
net-works and evaluate the behavioral e±cacy of the suggested mechanism to promote and stabilizecooperation. We present … the rates supported bythe formation of incentive compatible networks when individual monitoring is relatively cheap … cooperation by managing to coordinate on the formation of e±cientnetworks over time, both networks and cooperation rates unravel …
Persistent link: https://www.econbiz.de/10005866705
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …We survey the literature on social networks by putting together the economics, sociological and physics … not explain why they emerge. On the contrary, the economics approach is very precise in explaining why networks emerge but …
Persistent link: https://www.econbiz.de/10008558948
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …We survey the literature on social networks by putting together the economics, sociological and physics … not explain why they emerge. On the contrary, the economics approach is very precise in explaining why networks emerge but …
Persistent link: https://www.econbiz.de/10008557014