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We model knowledge diffusion in a population of agents situated on a network, interacting only over direct ties. Some … agents are by nature traders, others are by nature "givers": traders demand a quid pro quo for information transfer; givers … (proportion of traders), the network structure (clustering, path length and degree distribution), and the scarcity of knowledge …
Persistent link: https://www.econbiz.de/10010712187
Information, the third manifestation form of Fundamental Existence, has become the most valuable treasure of mankind …. The Japanese once said that the happy masters of information in early 21st century are going to be the masters of the …, gold and other material values under any form, but information. The informational society that mankind irreversibly belongs …
Persistent link: https://www.econbiz.de/10008615622
information and competence of households, in combination with stiffer competition among firms, will also increase the power of …
Persistent link: https://www.econbiz.de/10005780384
master the skill of rapid acquisition of new knowledge and forgetting the obsolete information. The increasingly dominant … small country successfully participating in the creation and exploitation of common knowledge and technology. …Globalization and internationalization processes continuously increase the quantity of information. All the information …
Persistent link: https://www.econbiz.de/10005836778
Following the development of knowledge economies, there has been a rapid expansion of economic analysis of knowledge …, both in the context of technological knowledge in particular and the decision theory in general. This paper surveys this … of knowledge related questions in terms of applicability and alternative approaches has led to the fragmentation of …
Persistent link: https://www.econbiz.de/10011592194
Following the development of knowledge economies, there has been a rapid expansion of economic analysis of knowledge …, both in the context of technological knowledge in particular and the decision theory in general. This paper surveys this … of knowledge related questions in terms of applicability and alternative approaches has led to the fragmentation of …
Persistent link: https://www.econbiz.de/10010878272
Digital goods are bitstrings, sequences of 0s and 1s, which have economic value. They are distinguished from other goods by five characteristics: digital goods are nonrival, infinitely expansible, discrete, aspatial, and recombinant. The New Economy is one where the economics of digital goods...
Persistent link: https://www.econbiz.de/10005150990
Digital goods are bit strings, sequences of 0s and 1s, that have economic value. They are distinguished from other goods by five characteristics: digital goods are non-rival, infinitely expansible, discrete, aspatial, and recombinant. The New Economy is one where the economics of digital goods...
Persistent link: https://www.econbiz.de/10005067419
Digital goods are bitstrings, sequences of 0s and 1s, which have economic value. They are distinguished from other goods by five characteristics: digital goods are nonrival, infinitely expansible, discrete, aspatial, and recombinant. The New Economy is one where the economics of digital goods...
Persistent link: https://www.econbiz.de/10010746188
Common knowledge plays an important role in coordination problems and coordination problems are central to many areas … of economic policy. In this paper, I review some common knowledge puzzles culminating in the electronic mail game. These … communication in coordinating behaviour …
Persistent link: https://www.econbiz.de/10014088719