The recent literature explains the theoretical implications of the matching of workers to jobs through social networks. These insights are obtained for extremely simplified economies or rely on unrealistically simple social networks. Therefore, it is difficult to obtain a sense for the...

This essay examines the economics of patronage in the production of knowledge and its influence upon the historical formation of key elements in the ethos and organizational structure of publicly funded open science. The emergence during the late sixteenth and early seventeenth centuries of the...

In this paper, we study the self-coordination problem as demonstrated by the well-known El Farol problem (Arthur, 1994), which has later become what is known as the minority game in the econophysics community. While the El Farol problem or the minority game has been studied for almost two...

This paper studies optimal pricing in networks in the presence of local consumption or price externalities. It analyzes the relation between prices and nodal centrality measures. Using an asymptotic approach, it shows that the ranking of optimal prices and strategies can be reduced to the...

Given a social network, we are interested in the problem of measuring the influence of a group of agents to lead the society to adopt their behavior. Motivated by the description of terrorist movements, we provide a markovian dynamical model for non-symmetric societies, which takes into account...

We study peer effects in education. We first develop a network model that predicts a relationship between own education and peers’ education as measured by direct links in the social network. We then test this relationship using the four waves of the AddHealth data, looking at the impact of...

We study the formation of social ties among heteogeneous agents in a model where meetings are governed by agents' directed search. The aim is to shed light on the important issue of homophily (the tendency of agents to connect with others of the same type). The essential contribution of the...

ICT bring new possibilities in support of team cooperation, above all in creation and sharing of common content. On base of comparison of various systems for support of the cooperation it was found out that some systems purposefully solve a flow of time planning in a firm environment (e.g....

Recent formulation of the Zaller model of mass opinion is generalized to include the interaction between agents. The mechanism of interaction is close to the bounded confidence model. The outcome of the simulation is the probability distribution of opinions on a given issue as dependent on the...

We examine how interaction choices depend on the interplay of social and physical distance, and show that agents who are more central in the social network, or are located closer to the geographic center of interaction, choose higher levels of interactions in equilibrium. As a result, the level...