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, summary network parameters (e.g., the degree distribution or transitivity index); and (iii) empirical models of strategic … network formation admitting interdependencies in preferences. Current research challenges and open questions are also …
Persistent link: https://www.econbiz.de/10012857731
Although the linear-in-means model is the workhorse model in empirical work on peer effects, its theoretical properties are understudied. In this study, we develop a social-norm model that provides a microfoundation of the linear-in-means model and investigate its properties. We show that...
Persistent link: https://www.econbiz.de/10012859300
geographic or informational limitations or due to deliberate network design on the part of a platform. To examine these … them via a network. If there is sufficiently small substitutability between goods, there is a unique interior pure … network where buyers observe and trade with all sellers with probability one maximises consumer surplus, but such a network …
Persistent link: https://www.econbiz.de/10012862154
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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
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This paper proposes new centrality measures to characterise the 'key class', when agents in a network are sorted into … role-equivalent classes, such that its removal results in an optimal change in the network activity. The notion of role … theoretical applicability. Players in the network engage in a non-cooperative game with local payoff complementarities. We …
Persistent link: https://www.econbiz.de/10012655551
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