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How Homophily Affects Learning and Diffusion in Networks AgEcon
Golub, Benjamin; Jackson, Matthew O..
We examine how three different communication processes operating through social networks are affected by homophily - the tendency of individuals to associate with others similar to themselves. Homophily has no effect if messages are broadcast or sent via shortest paths; only connection density matters. In contrast, homophily substantially slows learning based on repeated averaging of neighbors' information and Markovian diffusion processes such as the Google random surfer model. Indeed, the latter processes are strongly affected by homophily but completely independent of connection density, provided this density exceeds a low threshold. We obtain these results by establishing new results on the spectra of large random graphs and relating the spectra to...
Tipo: Working or Discussion Paper Palavras-chave: Networks; Learning; Diffusion; Homophily; Friendships; Social Networks; Random Graphs; Mixing Time; Convergence; Speed of Learning; Speed of Convergence; Institutional and Behavioral Economics; D83; D85; I21; J15; Z13.
Ano: 2009 URL: http://purl.umn.edu/50718
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