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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/10011925969
that the completely connected network is stable, although, its exact structure, and thus contagion implications, is …
Persistent link: https://www.econbiz.de/10011735929
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/10010260030
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/10009412373
When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other … workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects … network clearing). We show that those frictions and the wage mechanism are in general not independent. Equilibria that exhibit …
Persistent link: https://www.econbiz.de/10009239488
review is on studies that use network analysis paying special attention to those that apply complex analysis techniques …
Persistent link: https://www.econbiz.de/10010344807
We study stable matchings on exogenously given or endogenously formed bipartite graphs that reflect constraints on matching. The effects of a change of the exogenously given graph (constraints) are investigated. Specifically, we examine to what extent individuals gain or lose from relaxing...
Persistent link: https://www.econbiz.de/10011374193
financial network where good firms enjoy direct and indirect benefits from linking with one another. Bad risks benefit from …
Persistent link: https://www.econbiz.de/10014534063
network formation. We model a network where good/green firms enjoy direct and indirect benefits from linking with one another …
Persistent link: https://www.econbiz.de/10015197277
This paper experimentally examines behavior in a two-player game of attack and defense of a weakest-link network of …
Persistent link: https://www.econbiz.de/10008697819