Showing 11 - 20 of 4,704
complex credit networks as a safeguard against extreme risks. As a policy implication, this research suggests to provide …
Persistent link: https://www.econbiz.de/10010296014
We derive microscopic foundations for a well-known probabilistic herding model in the agent-based finance literature. Lo and behold, the model is quite robust with respect to behavioral heterogeneity, yet structural heterogeneity, in the sense of an underlying network structure that describes...
Persistent link: https://www.econbiz.de/10010296300
suggests that success breeds success in the networks of established firms. The existence of networks overturns the claim that …
Persistent link: https://www.econbiz.de/10010297842
hierarchical networks in the generalized model that presumably reflect the institutional heterogeneity of financial markets. These …
Persistent link: https://www.econbiz.de/10010299741
-patenting networks. Based on EPO co-patenting information for the reference period 2000-2004, we analyze the spatial con figuration of 44 … technology-specific co-inventorship networks. European co-inventorship (co-patenting) activity is spatially linked to 1259 … the 44 co-inventorship networks differ in their overall size (nodes, linkages, self-loops) and that they are dominated by …
Persistent link: https://www.econbiz.de/10010299991
-patenting networks. Based on EPO co-patenting information for the reference period 2000-2004, we analyze the spatial configuration of 44 … technology-specific co-inventorship networks. European co-inventorship (co-patenting) activity is spatially linked to 1259 … 44 co-inventorship networks differ in their overall size (nodes, linkages, self-loops) and that they are dominated by …
Persistent link: https://www.econbiz.de/10010300053
We propose a theory that explains why rational agents start to believe in a causal relationship between unrelated events. Agents send and collect messages through a communication network. If they are convinced of a relationship between two events, they send messages confirming their belief with...
Persistent link: https://www.econbiz.de/10010301551
neuroeconomics and the theory of networks. I introduce the triadic conceptual framework established by Peirce which distinguishes … and object self implies a systematic role of sign processing in social networks for any kind of consumer choice. I …
Persistent link: https://www.econbiz.de/10010303838
developing a core-periphery model, and devise a procedure for fitting the model to real-world networks. Using Bundesbank data on … provides a promising avenue for understanding the formation of financial networks. …
Persistent link: https://www.econbiz.de/10010303920
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 … order shown by Selten and Chmura. This result supports our view that learning in networks is different from learning in …
Persistent link: https://www.econbiz.de/10010304449