Showing 1 - 10 of 1,373
We consider the spread of a harmful state through a population divided into two groups. Interaction patterns capture the full spectrum of assortativity possibilities. We show that a central planner who aims for eradication optimally either divides equally the resources across groups, or...
Persistent link: https://www.econbiz.de/10010568483
We study symmetric play in a class of repeated games when players are patient. We show that, while the use of symmetric strategy profiles essentially does not restrict the set of feasible payoffs, the set of equilibrium payoffs is an interesting proper subset of the feasible and individually...
Persistent link: https://www.econbiz.de/10010568484
Persistent link: https://www.econbiz.de/10005510722
Persistent link: https://www.econbiz.de/10005408800
Persistent link: https://www.econbiz.de/10005827861
Persistent link: https://www.econbiz.de/10005153919
Persistent link: https://www.econbiz.de/10005331173
We survey the literatures on the economic consequences of the structure of social networks. We develop a taxonomy of 'macro' and 'micro' characteristics of social inter-action networks and discuss both the theoretical and empirical findings concerning the role of those characteristics in...
Persistent link: https://www.econbiz.de/10011165640
We examine the spread of a disease or behavior through a social network. In particular, we analyze how infection rates depend on the distribution of degrees (numbers of links) among the nodes in the network. We introduce new techniques using first- and second order stochastic dominance...
Persistent link: https://www.econbiz.de/10005086847
We consider an environment where individuals sequentially choose among several actions. The payoff to an individual depends on her action choice, the state of the world, and an idiosyncratic, privately observed preference shock. Under weak conditions, as the number of individuals increases, the...
Persistent link: https://www.econbiz.de/10005654667