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contagion from purely observational data. It is especially helpful as a corrective to some of the more extreme statements of …
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homophily, the principle that "likes attract." However, follow-up studies showed that this diversity collapses under random … included either social influence or homophily but not both. The authors conclude that global diversity may be sustained not by …
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We survey the literature on the economic consequences of the structure of social networks. We develop a taxonomy of "macro" and "micro" characteristics of social interaction networks and discuss both the theoretical and empirical findings concerning the role of those characteristics in...
Persistent link: https://www.econbiz.de/10011794582
We survey the literature on the economic consequences of the structure of social networks. We develop a taxonomy of "macro" and "micro" characteristics of social interaction networks and discuss both the theoretical and empirical findings concerning the role of those characteristics in...
Persistent link: https://www.econbiz.de/10011444460
homophily) and from the existence of unobservables across agents that are correlated. In the absence of experimental variation …
Persistent link: https://www.econbiz.de/10010905471