Showing 1 - 10 of 580
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10010275834
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/10008558948
This research introduces an agent-based simulation model representing the dynamic processes of cooperative R&D in the manufacturing sector of South Korea. Firms' behavior is defined according to empirical findings on the Korean Innovation Survey 2005 and captured in a multivariate probit...
Persistent link: https://www.econbiz.de/10010319495
This research introduces an agent-based simulation model representing the dynamic processes of cooperative R&D in the manufacturing sector of South Korea. Firms' behavior is defined according to empirical findings on the Korean Innovation Survey 2005 and captured in a multivariate probit...
Persistent link: https://www.econbiz.de/10010884320
are more central in the social network, or are located closer to the geographic center of interaction, choose higher … density of links in the social network and with the degree to which agents are clustered in physical space. When agents can … choose geographic locations, there is a tendency for those who are more central in the social network to locate closer to the …
Persistent link: https://www.econbiz.de/10010278394
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