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Research and development (R&D) partnerships are formed to share the risks and benefits of R&D. At the macro level, they result in a globe-spanning network that can be a valuable source of international knowledge spillovers. This network is the subject of a considerable body of literature....
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I describe and illustrate the use of multidimensional scaling methods for visualizing social networks in Stata. The procedure is implemented in the netplot command. I discuss limitations of the approach and sketch possibilities for improvement. Copyright 2011 by StataCorp LP.
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Societies are sometimes divided into groups that behave in different ways or have strongly opposing opinions. At other times, everyone seems to behave according to similar principles and opinions. It is likely that individual decisions on behavior or opinions are affected by social networks...
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Abstract We experimentally study equilibrium selection in repeated coordination games played on networks. We test predictions from three competing theories. In line with payoff-dominance as a deductive selection principle, experienced subjects coordinate on the payoff-dominant (but...
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It is well established that incumbent firms may try to deter market entry by pretending to be stronger than they really are. In this article, we show that in some cases an incumbent may prefer the opposite, namely to encourage entry by signaling weakness. If the incumbent cannot deter entry of a...
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