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Boundedly rational opinion dynamics in social networks: Does indegree matter?
Battiston, Pietro; Stanca, Luca - 2015
This paper investigates opinion dynamics and social influence in directed communication networks. We study the theoretical properties of a boundedly rational model of opinion formation in which individuals aggregate the information they receive from their neighbors by using weights that are a...
Persistent link: https://www.econbiz.de/10011335941
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The Strength of Weak Leaders - An Experiment on Social Influence and Social Learning in Teams
Büchel, Berno; Klößner, Stefan; Lochmüller, Martin; … - 2018
We investigate how the selection process of a leader affects team performance with respect to social learning. We use a lab experiment in which an incentivized guessing task is repeated in a star network with the leader at the center. Leader selection is either based on competence, on...
Persistent link: https://www.econbiz.de/10011816763
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Dissonance Minimization and Conversation in Social Networks
Anufriev, Mikhail; Borissov, Kirill; Pakhnin, Mikhail - 2021
We study a model of social learning in networks where the dynamics of beliefs are driven by conversations of dissonance-minimizing agents. Given their current beliefs, agents make statements, tune them to the statements of their associates, and then revise their beliefs. We characterize the...
Persistent link: https://www.econbiz.de/10012799733
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Boundedly rational opinion dynamics in social networks : does indegree matter?
Battiston, Pietro; Stanca, Luca M. - 2015
This paper investigates opinion dynamics and social influence in directed communication networks. We study the theoretical properties of a boundedly rational model of opinion formation in which individuals aggregate the information they receive from their neighbors by using weights that are a...
Persistent link: https://www.econbiz.de/10010510796
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Dissonance minimization and conversation in social networks
Anufriev, Mikhail; Borissov, Kirill; Pakhnin, Mikhail - 2021
We study a model of social learning in networks where the dynamics of beliefs are driven by conversations of dissonance-minimizing agents. Given their current beliefs, agents make statements, tune them to the statements of their associates, and then revise their beliefs. We characterize the...
Persistent link: https://www.econbiz.de/10012669809
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The strength of weak leaders : an experiment on social influence and social learning in teams
Buechel, Berno; Klößner, Stefan; Lochmüller, Martin; … - 2018
We investigate how the selection process of a leader affects team performance with respect to social learning. We use a lab experiment in which an incentivized guessing task is repeated in a star network with the leader at the center. Leader selection is either based on competence, on...
Persistent link: https://www.econbiz.de/10011794457
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The strength of weak leaders : an experiment on social infuence and social learning in teams
Buechel, Berno; Klößner, Stefan; Lochmüller, Martin; … - 2017
Persistent link: https://www.econbiz.de/10011742449
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The economic consequences of social network structure
Jackson, Matthew O.; Rogers, Brian; Zenou, Yves - 2016
We survey the literature on the economic consequences of the structure of social networks. We develop a taxonomy of "macro" and "micro" characteristics of social interaction networks and discuss both the theoretical and empirical findings concerning the role of those characteristics in...
Persistent link: https://www.econbiz.de/10011794582
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The economic consequences of social network structure
Jackson, Matthew O.; Rogers, Brian; Zenou, Yves - 2016
We survey the literature on the economic consequences of the structure of social networks. We develop a taxonomy of "macro" and "micro" characteristics of social interaction networks and discuss both the theoretical and empirical findings concerning the role of those characteristics in...
Persistent link: https://www.econbiz.de/10011444460
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Econometric issues in the analysis of contagion
Pesaran, M. Hashem; Pick, Andreas - 2004
This paper presents a canonical, econometric model of contagion and investigates the conditions under which contagion … the solution is not unique, and for sufficiently large values of the contagion coefficients it has interesting bifurcation … contagion effects in the presence of inter-dependencies the equations for the individual markets or countries must contain …
Persistent link: https://www.econbiz.de/10011402451