Showing 1 - 10 of 417
We study the formation of networks in environments where agents derive benefits from other agents directly linked to them but suffer losses through contagion when any agent on a path connected to them is hit by a shock. We first consider networks with undirected links (e.g. epidemics,...
Persistent link: https://www.econbiz.de/10011816753
This paper studies the phenomenon of early hiring in entry-level labor markets (e.g. the market for gastroenterology fellowships and the market for judicial clerks) in the presence of social networks. We offer a two-stage model in which workers in training institutions reveal information on...
Persistent link: https://www.econbiz.de/10010284029
Through their writing, people often reflect their values. Since the 1970s, academic economists have gradually changed their third-person pronoun choices, from using the masculine form to incorporating feminine and plural forms. We document this transition empirically, and examine the role of...
Persistent link: https://www.econbiz.de/10015189289
We investigate how the selection process of a leader affects team performance with respect to social learning. We use a lab experiment in which an incentivized guessing task is repeated in a star network with the leader at the center. Leader selection is either based on competence, on...
Persistent link: https://www.econbiz.de/10011816763
We interview both parents and their children enrolled in six primary schools in the district of Treviso (Italy). We study the structural differences between the children network of friends reported by children and the one elicited asking their parents. We find that the parents' network has a...
Persistent link: https://www.econbiz.de/10013208687
We highlight that convergence in repeated averaging models commonly used to study cultural traits or opinion dynamics is not equivalent to convergence in Markov chain settings if transition matrices are time-varying. We then establish a new proof for the convergence of cultural traits in the...
Persistent link: https://www.econbiz.de/10011928007
regarding the others' reaction following a deviation. The relationship of stability and optimality is also discussed, as is the …
Persistent link: https://www.econbiz.de/10013208655
Can we reconcile stability with non-manipulability in two-sided matching problems by selecting lotteries over matchings … corresponding notions of ex-ante stability and non-manipulability. For most sets, the properties are incompatible. However, for the … set of utility functions with increasing differences, stability and non-manipulability characterize Compromises and …
Persistent link: https://www.econbiz.de/10013208741
Most literature in strategic network formation shows that there is a substantial tension between stability and …
Persistent link: https://www.econbiz.de/10013353582
We introduce a simple two-stage game of endogenous network formation and information sharing for reasoning about the optimal design of social networks like Facebook or Google+. We distinguish between unilateral and bilateral connections and between targeted and collective information sharing....
Persistent link: https://www.econbiz.de/10011282489