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agent preferring the resulting segregation. We examine the robustness of Schelling's model, focusing in particular on its …-dimensional versions of Schelling's spatial proximity model are in fact two qualitatively very different models of segregation. …Schelling [1969, 1971a, 1971b, 1978] presented a microeconomic model showing how an integrated city could unravel to a …
Persistent link: https://www.econbiz.de/10010284088
Schelling (1969, 1971, 1971, 1978) considered a simple model with individual agents who only care about the types of …. Schelling showed that an integrated society will generally unravel into a rather segregated one even though no individual agent … strictly prefers this. We make a first step to generalize the spatial proximity model to a proximity model of segregation. That …
Persistent link: https://www.econbiz.de/10010284165
Schelling (1969, 1971a,b, 1978) considered a simple proximity model of segregation where individual agents only care … one- or two-dimensional lattices. In this paper, we argue that segregation might occur not only in the geographical space … are well-described by small-world networks. We generalize Schelling's model by allowing agents to interact in small …
Persistent link: https://www.econbiz.de/10010284139
The paper studies childhood migrants and examines how age at migration affects their ensuing integration at the residential market, the labor market, and the marriage market. We use population-wide Swedish data and compare outcomes as adults among siblings arriving at different ages in order to...
Persistent link: https://www.econbiz.de/10010273949
We introduce a new class of cooperative games where the worth of a coalition depends on the behavior of other players and on the state of nature as well. We allow for coalitions to form both before and after the resolution of uncertainty, hence agreements must be stable against both types of...
Persistent link: https://www.econbiz.de/10013208623
In this paper we introduce a stochastic network formation model where agents choose both actions and links. Neighbors in the network benefit from each other's action levels through local complementarities and there exists a global interaction effect reflecting a strategic substitutability in...
Persistent link: https://www.econbiz.de/10011663176
We develop a financial market model focused on fund managers who continuously adjust their exposure to risk in response to the payoff gradient. The base model has a stable equilibrium with classic properties. However, bubbles and crashes occur in extended models incorporating an endogenous...
Persistent link: https://www.econbiz.de/10010285342
Fund managers respond to the payoff gradient by continuously adjusting leverage in our analytic and simulation models. The base model has a stable equilibrium with classic properties. However, bubbles and crashes occur in extended models incorporating an endogenous market risk premium based on...
Persistent link: https://www.econbiz.de/10010288133
We examine peer effects in welfare use among immigrants to Sweden by exploiting a governmental refugee placement policy. We distinguish between the quantity of contacts – the number of individuals of the same ethnicity – and the quality of contacts – welfare use among members of the ethnic...
Persistent link: https://www.econbiz.de/10010317900
We study ethnic workplace segregation in Sweden using linked employer-employee data covering the entire working …-age Swedish population during 1985–2002. Segregation is measured as overexposure to a particular group, taking into account the … distribution of human capital, industry and geography. We find considerable workplace segregation between immigrants and natives …
Persistent link: https://www.econbiz.de/10010317934