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Registros recuperados: 32 | |
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Ule, Aljaz; Goeree, Jacob K.; Riedl, Arno. |
This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The experimental design extends the Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by allowing for agents with lower linking costs or higher benefits to others. Furthermore, agents' types may be common knowledge or private information. In all treatments, the (efficient) equilibrium network has a "star" structure. With homogeneous agents, equilibrium predictions fail completely. In contrast, with heterogeneous agents stars frequently occur, often with the high-value or low-cost agent in the center. Stars are not born but rather develop: with a high-value agent, the network's centrality, stability, and efficiency all... |
Tipo: Working or Discussion Paper |
Palavras-chave: Network Formation; Experiment; Heterogeneity; Private Information; Institutional and Behavioral Economics; C72; C92; D82; D85. |
Ano: 2007 |
URL: http://purl.umn.edu/9099 |
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Kinateder, Markus. |
Two project leaders (or entrepreneurs) in a network, which captures social relations, recruit players in a strategic, competitive and time-limited process. Each team has an optimal size depending on the project’s quality. This is a random variable with a commonly known distribution. Only the corresponding project leader observes its realization. Any decision is only observed by the involved agents. The set of pure strategy Sequential Equilibria is characterized by giving an algorithm that selects one equilibrium at a time. An agent’s expected payoff is related to his position in the network, though no centrality measure in the literature captures this relation. A social planner frequently would achieve a higher welfare. |
Tipo: Working or Discussion Paper |
Palavras-chave: Dynamic Competitive Group Formation; Imperfect Information; Institutional and Behavioral Economics; C72; C73; D85. |
Ano: 2009 |
URL: http://purl.umn.edu/50722 |
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Gallo, Edoardo. |
Many social networks have the following properties: (i) a short average distance between any two individuals; (ii) a high clustering coefficient; (iii) segregation patterns; the presence of (iv) brokers and (v) hubs. (i) and (ii) define a small world network. This paper develops a strategic network formation model where agents have heterogeneous knowledge of the network: cognizant agents know the whole network, while ignorant ones are less knowledgeable. For a broad range of parameters, all pairwise Nash (PN) networks have properties (i)-(iv). There are some PN networks with one hub. Cognizant agents have higher betweenness centrality: they are the brokers who connect different parts of the network. Ignorant agents cause the emergence of segregation... |
Tipo: Working or Discussion Paper |
Palavras-chave: Network; Cognitive Network; Small World; Broker; Segregation; Institutional and Behavioral Economics; C72; D85. |
Ano: 2009 |
URL: http://purl.umn.edu/50712 |
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Udry, Christopher R.; Conley, Timothy G.. |
In this chapter we examine social networks among farmers in a developing country. We use detailed data on economic activities and social interactions between people living in four study villages in Ghana. It is clear that economic development in this region is being shaped by the networks of information, capital and influence that permeate these communities. This chapter explores the determinants of these important economic networks. We first describe the patterns of information, capital, labor and land transaction connections that are apparent in these villages. We then discuss the interconnections between the various economic networks. We relate the functional economic networks to more fundamental social relationships between people in a reduced form... |
Tipo: Working or Discussion Paper |
Palavras-chave: Endogenous networks; Informal credit; Social learning; Institutional and Behavioral Economics; O12; D85. |
Ano: 2004 |
URL: http://purl.umn.edu/28488 |
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Pin, Paolo; Franz, Silvio; Marsili, Matteo. |
Our societies are heterogeneous in many dimensions such as census, education, religion, ethnic and cultural composition. The links between individuals - e.g. by friendship, marriage or collaboration - are not evenly distributed, but rather tend to be concentrated within the same group. This phenomenon, called imbreeding homophily, has been related to either (social) preference for links with own--type individuals ( choice-based homophily) or to the prevalence of individuals of her same type in the choice set of an individual ( opportunity-based homophily). We propose an indicator to distinguish between these effects for minority groups. This is based on the observation that, in environments with unbiased opportunities, as the relative size of the minority... |
Tipo: Working or Discussion Paper |
Palavras-chave: Social Networks; Choice-Based and Opportunity-Based Homophily; Research Methods/ Statistical Methods; Resource /Energy Economics and Policy; D85; J11; J12. |
Ano: 2008 |
URL: http://purl.umn.edu/6232 |
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Kovarik, Jaromir; Mengel, Friederike; Romero, Jose Gabriel. |
We study (anti-) coordination problems in networks in a laboratory experiment. Partici- pants interact with their neighbours in a fixed network to play a bilateral (anti-) coordination game. Our main treatment variable is the extent to which players are heterogeneous in the number of connections (neighbors) they have. Other network characteristics are held constant across treatments. We find the following results. Heterogeneity in the number of connections dramatically improves the rate of successful coordination. In addition, even though there is a multiplicity of Nash equilibria theoretically, a very sharp selection is observed empirically: the most connected player can impose her preferred Nash equilibrium almost always and observed Nash equilibria are... |
Tipo: Working or Discussion Paper |
Palavras-chave: Game Theory; Networks; Coordination Problems; Experiments; Risk and Uncertainty; C72; C90; C91; D85. |
Ano: 2010 |
URL: http://purl.umn.edu/61370 |
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Petruzzellis, Luca; Gurrieri, Antonia Rosa. |
In order to face the new competitive scenario, Apulian textile firms are involved in a process of change and are trying to adopt a networking approach in analysing the international propensity of SMEs. The case of the textile network in Apulia has been analysed using a semi-structured questionnaire submitted to a sample of family businesses in order to verify the influence of network on their internationalisation process. The contribution that the network can give to the single firm in its internationalisation process depends also on the level of cooperation in the network. In fact, relationships – at least dual vertical relationships – are the key to overcoming size limit and providing value to all the partners involved. The research attempted to offer a... |
Tipo: Working or Discussion Paper |
Palavras-chave: Internationalisation Strategies; Network Approach; L2; D85. |
Ano: 2008 |
URL: http://purl.umn.edu/42918 |
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Persitz, Dotan. |
The heterogeneous connections model is a generalization of the homogeneous connections model of Jackson and Wolinsky (1996) in which the intrinsic value of each connection is set by a discrete, positive and symmetric function that depends solely on the types of the two end agents. Core periphery networks are defined as networks in which the agents' set can be partitioned into two subsets, one in which the members are completely connected among themselves and the other where there are no internal links. A two-type society is defined as "power based" if both types of agents prefer to connect to one of the types over the other, controlling for path length. An exhaustive analysis shows that core periphery networks, in which the "preferred" types are in the... |
Tipo: Working or Discussion Paper |
Palavras-chave: Network Formation; Heterogeneity; Pairwise Stability; Institutional and Behavioral Economics; D85; L14. |
Ano: 2009 |
URL: http://purl.umn.edu/52338 |
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Ligon, Ethan; Schechter, Laura. |
What motivates people in rural villages to share? We first elicit a baseline level of sharing using a standard, anonymous dictator game. Then using variants of the dictator game that allow for either revealing the dictator's identity or allowing the dictator to choose the recipient, we attribute variation in sharing to three different motives. The first of these, directed altruism, is related to preferences, while the remaining two are incentive-related (sanctions and reciprocity). We observe high average levels of sharing in our baseline treatment, while variation across individuals depends importantly on the incentive-related motives. Finally, variation in measured reciprocity within the experiment predicts observed `real-world' gift-giving, while... |
Tipo: Working Paper |
Palavras-chave: Community/Rural/Urban Development; Political Economy; Teaching/Communication/Extension/Profession; C92; C93; D03; D64; D85; O17. |
Ano: 2011 |
URL: http://purl.umn.edu/120376 |
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Kinateder, Markus. |
Delayed perfect monitoring in an infinitely repeated discounted game is modelled by allocating the players to a connected and undirected network. Players observe their immediate neighbors’ behavior only, but communicate over time the repeated game’s history truthfully throughout the network. The Folk Theorem extends to this setup, although for a range of discount factors strictly below 1, the set of sequential equilibria and the corresponding payoff set may be reduced. A general class of games is analyzed without imposing restrictions on the dimensionality of the payoff space. Due to this and the bilateral communication structure, truthful communication arises endogenously only under additional conditions. The model also produces a network result; namely,... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Repeated Game; Delayed Perfect Monitoring; Network; Communication; Research Methods/ Statistical Methods; C72; C73; D85. |
Ano: 2008 |
URL: http://purl.umn.edu/6377 |
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Registros recuperados: 32 | |
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