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In a variety of settings, some payoff-relevant item spreads along a network of connected individuals. In some cases … costs and benefits of being more or less connected to the network. The situation becomes more complicated (and more … allows an individual to keep getting the benefits of network connectivity while blocking out the bad items. Drawing on the …
Persistent link: https://www.econbiz.de/10013213485
In this paper, we examine possible types of network formation among immigrants in the diaspora and between those … network structure on the country of origin, such as on international trade. We find that when the size of the diaspora is …
Persistent link: https://www.econbiz.de/10012995350
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … industrial revolution, followed by decreasing relative inequality. Knowledge diffusion through a Small World network explains the …
Persistent link: https://www.econbiz.de/10013001168
to migrate transmission activity from existing social networks to a core-periphery insider network. A small group of …
Persistent link: https://www.econbiz.de/10012898575
We study the formation of multilayer networks where payoffs are determined by the degrees in each network and explore … distinct network relationships by allowing for inter-network and intra-network spillovers through five properties …: supermodularity and submodularity for internetwork spillovers, and convexity, concavity, and strategic complementarity for intra-network …
Persistent link: https://www.econbiz.de/10013212829
The pattern of financial linkages is important in many areas of banking and finance. Yet bilateral linkages are often unknown, and maximum entropy serves as the leading method for estimating unobserved counterparty exposures. This paper proposes an efficient alternative that combines...
Persistent link: https://www.econbiz.de/10012988744
are not bounded away from zero and the network is sufficiently connected and has identifiable information paths. If search … as in the complete network. The density of indirect connections affects convergence rates. Network transparency has short …
Persistent link: https://www.econbiz.de/10012852060
This paper studies how systemic risk can appear when rational agents establish derivative contracts in a fixed network … spread the risks throughout the network and harmonize the amount of capital agents tie up respectively to their exposure …
Persistent link: https://www.econbiz.de/10012860947
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
stable way that facilitates overall resource access throughout the network. We study structures for efficient integration of …
Persistent link: https://www.econbiz.de/10012854148