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We consider a dynamic model of network formation where agents form and sever links based on the centrality of their potential partners. We show that the existence of capacity constrains in the amount of links an agent can maintain introduces a transition from dissortative to assortative...
Persistent link: https://www.econbiz.de/10008684691
This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with endogenous absorptive capacity. The networks emerge as a result of bilateral cooperation over time between firms occupying different locations in the knowledge space. Social...
Persistent link: https://www.econbiz.de/10010659985
This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with endogenous absorptive capacity. The networks emerge as a result of bilateral cooperation over time between firms occupying different locations in the knowledge space. Social...
Persistent link: https://www.econbiz.de/10010660259
This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with endogenous absorptive capacity. The networks emerge as a result of bilateral cooperation over time between firms occupying different locations in the knowledge space. Social...
Persistent link: https://www.econbiz.de/10010323898
In this paper, we develop an agent-based multi-layered interbank network model based on a sample of large EU banks. The model allows for taking a more holistic approach to interbank contagion than is standard in the literature. A key finding of the paper is that there are non-negligible...
Persistent link: https://www.econbiz.de/10010322359
-assortative behavior and low density. Within this framework we analyze the effects of prudential policies on the stability/efficiency trade …
Persistent link: https://www.econbiz.de/10011252622
, to efficiency and security of the payment system, and ultimately to financial stability. …
Persistent link: https://www.econbiz.de/10011213760
Recent uprisings in the Arab world consist of individuals revealing vastly different preferences than were expressed prior to the uprisings. This paper sheds light on the general mechanisms underlying large-scale social and institutional change. We employ an agent-based model to test the impact...
Persistent link: https://www.econbiz.de/10014176384
When does knowledge transfer benefit performance? Combining field data from a global consulting firm with agent-based model, we examine how efforts to supplement one’s knowledge from co-workers interact with individual, organizational and environmental characteristics to impact organizational...
Persistent link: https://www.econbiz.de/10014048499
We consider any network environment in which the 'best shot game' is played. This is the case where the possible actions are only two for every node (0 and 1), and the best response for a node is 1 if and only if all her neighbors play 0. A natural application of the model is one in which the...
Persistent link: https://www.econbiz.de/10014205787