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The organization of individuals into networks and groups is of fundamental importance in many social and economic interactions. Examples range from networks of personal contacts used to obtain information about job opportunities to the formation of trading partnerships, alliances, cartels, and...
Persistent link: https://www.econbiz.de/10013518805
Collects papers from Hugo Sonnenschein's students with the aim of demonstrating his impact as an advisor. Each paper in this work is accompanied with a preface by the student that provides background on the paper and indicates Hugo's influence on its genesis. All papers herin, lie in...
Persistent link: https://www.econbiz.de/10013521089
We show that prominent centrality measures in network analysis are all based on additively separable and linear treatments of statistics that capture a node's position in the network. This enables us to provide a taxonomy of centrality measures that distills them to varying on two dimensions:...
Persistent link: https://www.econbiz.de/10013251250
I provide a brief introduction to the early literatures on Matching, Auctions, and Market Design.The design of matching markets and auctions has brought economic theory and practice together. Indeed, this is an area where microeconomic theory has had its largest direct impact. This is in part...
Persistent link: https://www.econbiz.de/10013082184
We study network formation where nodes are born sequentially and form links with previously born nodes. Connections are formed through a combination of random meetings and through search, as in Jackson and Rogers (2007). A newborn's random meetings of existing nodes are type-dependent and the...
Persistent link: https://www.econbiz.de/10013115326
We examine how the speed of learning and best-response processes depends on homophily: the tendency of agents to associate disproportionately with those having similar traits. When agents' beliefs or behaviors are developed by averaging what they see among their neighbors, then convergence to a...
Persistent link: https://www.econbiz.de/10013116883
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How can economists define and measure social preferences and interactions? Through the use of new economic data and tools, our contributors survey an array of social interactions and decisions that typify homo economicus. Identifying economic strains in activities such as learning, group...
Persistent link: https://www.econbiz.de/10012254728