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We model network formation when heterogeneous nodes enter sequentially and form connections through both random meetings and network-based search, but with type-dependent biases. We show that there is "long-run integration," whereby the composition of types in sufficiently old nodes'...
Persistent link: https://www.econbiz.de/10013112018
We develop a model of friendship formation that sheds light on segregation patterns observed in social and economic networks. Individuals come in different types and have type-dependent benefits from friendships; we examine the properties of a steady-state equilibrium of a matching process of...
Persistent link: https://www.econbiz.de/10005057160
stronger than what they really are. Thus, parents of low-performing students report their children to be friends of high …-performing students. Our numerical simulations indicate that when this bias is combined with a bias on how some children target friends …
Persistent link: https://www.econbiz.de/10010775178
stronger than what they really are. Thus, parents of low-performing students report their children to be friends of high …-performing students. Our numerical simulations indicate that when this bias is combined with a bias on how some children target friends …
Persistent link: https://www.econbiz.de/10010752709
stronger than what they really are. Thus, parents of low-performing students report their children to be friends of high …-performing students. Our numerical simulations indicate that when this bias is combined with a bias on how some children target friends …
Persistent link: https://www.econbiz.de/10013208687
stronger than what they really are. Thus, parents of low-performing students report their children to be friends of high …-performing students. Our numerical simulations indicate that when this bias is combined with a bias on how some children target friends …
Persistent link: https://www.econbiz.de/10014147690
We study network formation where nodes are born sequentially and form links with previously born nodes. Connections are formed through a combination of random meetings and through search, as in Jackson and Rogers (2007). A newborn's random meetings of existing nodes are type-dependent and the...
Persistent link: https://www.econbiz.de/10013115326
The paper presents a model of network formation where every connected couple gives a contribution to the aggregate payoff, eventually discounted by their distance, and the resources are split between agents through the Myerson value. As equilibrium concept we adopt a refinement of pairwise...
Persistent link: https://www.econbiz.de/10010312600
The paper presents a model of network formation where every connected couple gives a contribution to the aggregate payoff, eventually discounted by their distance, and the resources are split between agents through the Myerson value. As equilibrium concept we adopt a refinement of pairwise...
Persistent link: https://www.econbiz.de/10005570330
The paper presents a model of network formation where every connected couple give a contribution to the aggregate payoff, eventually discounted by their distance, and the resources are split between agents through the Myerson value. As equilibrium concept we adopt a refinement of pairwise...
Persistent link: https://www.econbiz.de/10005030056