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Cabrales, Antonio; Gottardi, Piero; Vega-Redondo, Fernando - 2014

We investigate the trade-off between the risk-sharing gains enjoyed by more interconnected firms and the costs resulting from an increased risk exposure. We find that when the shock distribution displays “fat” tails, extreme segmentation into small components is optimal, while minimal...

Persistent link: https://www.econbiz.de/10010352416

Contagion in Stable Networks

Bougheas, Spiros - 2017

that the completely connected network is stable, although, its exact structure, and thus contagion implications, is …

Persistent link: https://www.econbiz.de/10011744988

Efficient coordination in weakest-link games

Riedl, Arno; Rohde, Ingrid M. T.; Strobel, Martin - 2011

Existing experimental research on behavior in weakest-link games shows overwhelmingly the inability of people to coordinate on the efficient equilibrium, especially in larger groups. We hypothesize that people will be able to coordinate on efficient outcomes, provided they have sufficient...

Persistent link: https://www.econbiz.de/10010280645

Superstar Economists: Coauthorship Networks and Research Output

Hsieh, Chih-Sheng; König, Michael D.; Liu, Xiaodong; … - 2018

maximize it. Through the links in the collaboration network, researchers create spillovers not only to their direct coauthors … possibly overlapping projects. We bring our model to the data by analyzing the coauthorship network of economists registered in … the coauthorship network. Moreover, we analyze funding instruments for individual researchers as well as research …

Persistent link: https://www.econbiz.de/10011932059

Superstar Economists : Coauthorship Networks and Research Output

Hsieh, Chih-sheng - 2019

Persistent link: https://www.econbiz.de/10012892043

Two-sided markets and electronic intermediaries

Jullien, Bruno - 2004

The object of this paper is to discuss on-line intermediation from the perspective of two-sided markets. It builds a simple model of the intermediation activity when trading partners are involved in a commercial relationship and uses it to illustrate some of the results that emerge in the...

Persistent link: https://www.econbiz.de/10010261092

The old-boy network and the quality of entrepreneurs

Bac, Mehmet; Inci, Eren - 2010

We study a model of network formation and start-up financing with endogenous entrepreneurial type distribution. A hub … firm admits members to its network based on signals about entrepreneurs' types. Network membership is observable, which … allows lenders to offer different interest rates to network and stand-alone entrepreneurs. We show that a network outcome can …

Persistent link: https://www.econbiz.de/10010270476

Norms and the Evolution of Leaders' Followership

Cabrales, Antonio; Hauk, Esther - 2022

questions (i) which Leader should be removed and (ii) how to optimally place leaders in the network to enhance payoff dominant …

Persistent link: https://www.econbiz.de/10013353457

Nobel Students Beget Nobel Professors

Tol, Richard S. J. - 2022

nepotism. I construct the professor-student network for laureates of and candidates for the Nobel Prize in Economics. I study …

Persistent link: https://www.econbiz.de/10013353472

The Interactions of Social Norms about Climate Change: Science, Institutions and Economics

Cabrales, Antonio; García, Manu; Muñoz, David Ramos; … - 2022

We study the evolution of interest about climate change between different actors of the population, and how the interest of those actors affect one another. We first document the evolution individually, and then provide a model of cross influences between them, that we then estimate with a VAR....

Persistent link: https://www.econbiz.de/10013427691