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We study the diffusion of a true and a false opinion (the rumor) in a social network. Upon hearing an opinion …
Persistent link: https://www.econbiz.de/10012861202
firms. Under the proposed information mechanism, consumers share their initial information with the members of their network … characterizing how many different pieces of information a network is likely to contain. This informativeness is crucial for the … results are robust to the introduction of sequential search and network segregation, but an increase in segregation decreases …
Persistent link: https://www.econbiz.de/10013045761
agents are myopic best responders. We develop a new network measure, the contagion threshold, that determines when a p … show that a p-dominant action spreads to the whole network whenever the contagion threshold of that network is greater or … the long run. This result implies that targeted contagion, a network-wide diffusion of actions initiated by targeting …
Persistent link: https://www.econbiz.de/10012850318
We analyze a model of endogenous two-sided network formation where players are affected by uncertainty in their … inefficient networks such as the empty network. On the other hand, it may include networks with unreciprocated, one-way links …, which comes with an efficiency loss as linking efforts are costly. We characterize equilibria under ambiguity and provide …
Persistent link: https://www.econbiz.de/10013336333
microfounded network model with endogenous network formation to analyze the impact of central banks' monetary policy interventions …
Persistent link: https://www.econbiz.de/10010337579
We consider a natural generalization of Jackson and Wolinsky's (J Econ Theory 71:44- 74, 1996) connections model where … that amount. The information that the nodes receive through the network is the revenue from investments in links. We prove … maximizing the aggregate profit, are still the all-encompassing star and the complete network, with the sole and rare exception …
Persistent link: https://www.econbiz.de/10012293123
knowledge production, where collaboration between researchers is represented by a bipartite network. The equilibrium of the game … analyzing the coauthorship network of economists registered in the RePEc Author Service. …
Persistent link: https://www.econbiz.de/10012271021
neighbors in the social network. The same activities often exert externalities that cumulate in "stocks" affecting agents … network of social relations, as agents display strategic substitution with distance-two neighbors. We show that behavior is … behavior and key-players tend to move to the periphery of the network, and we discuss the effect of close-knit communities and …
Persistent link: https://www.econbiz.de/10009702228
By design, the Bitcoin protocol has a low throughput. The Lightning Network (LN) is a layer-two solution built to … group of nodes. The paper also evaluates the efficiency of a global configuration, obtaining bounds on the cost of the cost …
Persistent link: https://www.econbiz.de/10014354893
many well-known results from the contest literature can be obtained by varying the structure of the network. Our framework …
Persistent link: https://www.econbiz.de/10012919103