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The study analyzes the small-world nature of the board interlock network for National Stock Exchange-listed firms in India. The small world is the notion that each firm can reach any other firm in the network through a small number of intermediate firms. We find that since the introduction of...
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We model a simple dynamic process in which boundedly rational agents learn through their interactions with others. Of interest is to study the process of contagion where by one action 'spreads throughout the population' and becomes conventional. We vary the network of player interaction between...
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This paper examines the small world hypothesis. The first part of the paper presents empirical evidence on the evolution of a particular world: the world of journal publishing economists during the period 1970-2000. We find that in the 1970's the world of economics was a collection of islands....
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