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are connected according to an undirected graph, the social network, and have the choice between two actions: either to … network. (2) Average inclination governs collective adoption behavior. (3) Initial inclinations determine the critical mass of … network and other parameters. Given the complexity of the system we use a standard technique for estimating the solution …
Persistent link: https://www.econbiz.de/10013061677
This paper develops a simple model in which a social hierarchy emerges endogenously when agents form a network for …, as well as their value function, increases (strictly) concavely in the total activity of their neighbours in the network … endogenise network formation, equilibria become strongly structured: more active players have more neighbours, i.e. a higher …
Persistent link: https://www.econbiz.de/10011673491
if the network is 2-connected: that is, if no player can prevent the flow of information to another. In contrast, the …
Persistent link: https://www.econbiz.de/10011674012
dimensions of our identity (“homophily”). Lab studies of network formation games have found that adherence to social norms of … reciprocity and inequity aversion are also drivers of network choices. No study so far has attempted to investigate the role of … between his/her profile and the profile of the other player. At this point, a repeated network formation game ensues. We find …
Persistent link: https://www.econbiz.de/10011993333
In the benchmark model of Bala and Goyal (2000) on network formation, the equilibrium network is asymmetric and unfair … impacts the network formation process by increasing the asymmetry of networks but does not decrease the level of fairness nor …
Persistent link: https://www.econbiz.de/10012982907
I propose a simple theory of strategic network formation that accounts for many empirical patterns. Three elements … domains. The former in particular compel a manner of behavior in certain network games, highlighting a mechanism through which … in the matching literature …
Persistent link: https://www.econbiz.de/10014235872
This study investigates how people provide public goods in a network formation game. In this game, players first form a … network through bilateral linking, with or without a link cost, and then contribute to a public good, which can benefit both …
Persistent link: https://www.econbiz.de/10014079216
We combine network formation and information transmission in a simple model and predict that people reveal less …
Persistent link: https://www.econbiz.de/10014079960
This chapter surveys recent models of coalition and network formation in a unified framework. Comparisons are drawn … among various procedures of network and coalition formation, involving simultaneous and sequential moves. The survey also … covers models of group and network formation by farsighted players and in dynamic contexts. The chapter concludes with a …
Persistent link: https://www.econbiz.de/10014025687
also discuss some of the more prominent models of network interactions, including recent advances regarding interdependent …
Persistent link: https://www.econbiz.de/10014025689