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We study lobbying in a setting in which decision-makers share resources in a network. Two opposing interest groups …-makers' ideologies as well as the network structure. We characterize the lobbying strategies in various network settings and show that a …
Persistent link: https://www.econbiz.de/10011576305
We build a search-and-matching algorithm of network dynamics with decision-making under incomplete information, seeking …, produces populist and polarization network dynamics. Homophily leads to actions with more weight on biases and less weight on …
Persistent link: https://www.econbiz.de/10012040625
Agents involved in the formation of a social or economic network typically face uncertainty about the benefits of … creating a link. However, the interplay of such uncertainty and risk attitudes has been neglected in the network formation … literature. We propose a dynamic network formation model that builds on standard microeconomic concepts of utility maximization …
Persistent link: https://www.econbiz.de/10011386449
Persistent link: https://www.econbiz.de/10013332994
feasibility of innovation. Once an innovation has already taken place, the merger may block future innovations (cannibalization … effect). The merger may increase the probability of the first innovation (appropriability effect). The merger may bring the … first innovation forward in time (informational effect). The merger may increase innovation diversity (diversity effect) …
Persistent link: https://www.econbiz.de/10014257944
This paper studies a simple dynamic model of interbank credit relationships. Starting from a given balance sheet structure of a banking system with a realistic distribution of bank sizes, the necessity of establishing interbank credit connections 3merges from idiosyncratic liquidity shocks....
Persistent link: https://www.econbiz.de/10010347389
This paper studies a simple dynamic model of interbank credit relationships. Starting from a given balance sheet structure of a banking system with a realistic distribution of bank sizes, the necessity of establishing interbank credit connections 3merges from idiosyncratic liquidity shocks....
Persistent link: https://www.econbiz.de/10010406930
We provide an overview and synthesis of the literatures analyzing games in which players are connected via a network … structure. We discuss, in particular, the impact of the structure of the network on individuals' behaviors. We focus on game …
Persistent link: https://www.econbiz.de/10014166303
Persistent link: https://www.econbiz.de/10012176823
Persistent link: https://www.econbiz.de/10011863047