Showing 1 - 10 of 319
This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the basic Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by … network has a star structure. We find that with homogeneous agents, equilibrium predictions fail completely. In contrast, with …
Persistent link: https://www.econbiz.de/10010267578
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10010275834
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/10011984476
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 are able to coordinate on efficient outcomes, provided they have sufficient freedom to...
Persistent link: https://www.econbiz.de/10010282539
This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the basic Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by … network has a "star" structure. We find that with homogeneous agents, equilibrium predictions fail completely. In contrast …
Persistent link: https://www.econbiz.de/10005703123
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 are able to coordinate on efficient outcomes, provided they have sufficient freedom to...
Persistent link: https://www.econbiz.de/10009403395
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10008558948
networks. We varied the network structure, the relative influence of the opponent, and the heterogeneity of the nodes' initial …
Persistent link: https://www.econbiz.de/10015097095
This paper presents a Schelling-type checkerboard model of residential segregation formulated as a spatial game. It … shows that although every agent prefers to live in a mixed-race neighborhood, complete segregation is observed almost all of … the time. A concept of tipping is rigorously defined, which is crucial for understanding the dynamics of segregation …
Persistent link: https://www.econbiz.de/10010271313
This paper studies how the strength of social ties are affected by the geographical location of other individuals and their social capital. We characterize the equilibrium in terms of both social interactions and social capital. We show that lower travel costs increase not only the interaction...
Persistent link: https://www.econbiz.de/10013351915