Showing 1 - 7 of 7
We consider a co-evolutionary model of social coordination and network formation where agents may decide on an action in a 2x2 - coordination game and on whom to establish costly links to. We find that a payoff dominant convention is selected for a wider parameter range when agents may only...
Persistent link: https://www.econbiz.de/10010341151
This paper suggests a new approach for centrality measures for general (weighted) networks taking into account the importance for cohesion and relative power of connections. While existing literature either ignores the importance for cohesion or measures it by analyzing consequences arising from...
Persistent link: https://www.econbiz.de/10010483878
We present a model of opinion formation where individuals repeatedly engage in discussion and update their opinion in a social network similarly to the DeGroot model. Abstracting from the standard assumption that individuals always report their opinion truthfully, agents in our model may state...
Persistent link: https://www.econbiz.de/10010342212
When workers send applications to vacancies they create a bipartite network. Coordination frictions arise if workers and firms only observe their own links. We show that those frictions and the wage mechanism are in general not independent. Only wage mechanisms that allow for ex post competition...
Persistent link: https://www.econbiz.de/10010343782
We show that parental socioeconomic status (SES) is a powerful predictor of many facets of a child's personality. The … facets of personality we investigate encompass time preferences, risk preferences, and altruism that are important …'s initial conditions at birth, and family structure. Personality profiles that vary systematically with parental SES off er an …
Persistent link: https://www.econbiz.de/10010480667
scores and measures of personality (locus of control, reciprocity, Big Five) for brothers and sisters. Using a Restricted …. Sibling correlations of personality traits range from 0.24 to 0.59, indicating that even for the lowest estimate, one fourth …
Persistent link: https://www.econbiz.de/10010336812
entrepreneurs are different , e.g., with respect to personality traits, non-cognitive skills and risk preferences. Since most of the … process with and without usually unobserved personality characteristics and to examine the consequences for the estimated … neglecting personality traits in the program evaluation leads to slight over-estimation of the average treatment effects on the …
Persistent link: https://www.econbiz.de/10010344639