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Constitutions and social networks
Mauleon, Ana; Roehl, Nils; Vannetelbosch, Vincent J. - 2015
have specific rules or constitutions governing which members may join or leave it. Given these constitutions, we consider a … social network to be stable if no group is modified any more. We provide requirements on constitutions and players …, therefore, have influence on the stability of the job market. …
Persistent link: https://www.econbiz.de/10011283143
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Constitutions and social networks
Mauleon, Ana; Roehl, Nils; Vannetelbosch, Vincent J. - 2014
Persistent link: https://www.econbiz.de/10010413881
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Constitutions and groups
Mauleon, Ana; Roehl, Nils; Vannetelbosch, Vincent J. - 2017
Persistent link: https://www.econbiz.de/10011991127
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Chain stability in trading networks
Hatfield, John William; Kominers, Scott Duke; Nichifor, … - In: Theoretical economics : TE ; an open access journal in … 16 (2021) 1, pp. 197-234
In a general model of trading networks with bilateral contracts, we propose a suitably adapted chain stability concept … that plays the same role as pairwise stability in two-sided settings. We show that chain stability is equivalent to … stability if all agents' preferences are jointly fully substitutable and satisfy the Laws of Aggregate Supply and Demand. In the …
Persistent link: https://www.econbiz.de/10012415626
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Network structure and strategic investments: An experimental analysis
Rosenkranz, Stephanie; Weitzel, Utz - In: Games and Economic Behavior 75 (2012) 2, pp. 898-920
This paper experimentally analyzes the effect of network structures on individualsʼ decisions in a game of strategic substitutes. The theoretical basis for our experiment is the model of Bramoullé and Kranton (2007). As predicted, we find that individuals are able to coordinate on equilibria,...
Persistent link: https://www.econbiz.de/10011049842
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Dynamics of information exchange in endogenous social networks
Acemoglu, Daron; Bimpikis, Kostas; Ozdaglar, Asuman E. - In: Theoretical economics : TE ; an open access journal in … 9 (2014) 1, pp. 41-97
We develop a model of information exchange through communication and investigate its implications for information aggregation in large societies. An \textit{underlying state} determines payoffs from different actions. Agents decide which others to form a costly \textit{communication link} with,...
Persistent link: https://www.econbiz.de/10011684965
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The economic consequences of social network structure
Jackson, Matthew O.; Rogers, Brian; Zenou, Yves - 2016
We survey the literature on the economic consequences of the structure of social networks. We develop a taxonomy of "macro" and "micro" characteristics of social interaction networks and discuss both the theoretical and empirical findings concerning the role of those characteristics in...
Persistent link: https://www.econbiz.de/10011444460
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Opinion dynamics and wisdom under conformity
Buechel, Berno; Hellmann, Tim; Kölßner, Stefan - 2014
We study a dynamic model of opinion formation in social networks. In our model, boundedly rational agents update opinions by averaging over their neighbors' expressed opinions, but may misrepresent their own opinion by conforming or counter-conforming with their neighbors. We show that an...
Persistent link: https://www.econbiz.de/10010357984
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Opinion dynamics and wisdom under conformity
Buechel, Berno; Hellmann, Tim; Klößner, Stefan - 2013
We present a model of opinion formation where individuals repeatedly engage in discussion and update their opinion in a social network similarly to the DeGroot model. Abstracting from the standard assumption that individuals always report their opinion truthfully, agents in our model may state...
Persistent link: https://www.econbiz.de/10010342212
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Constrained school choice: An experimental study
Haeringer, Guillaume; Calsamiglia, Caterina; Klijn, Flip - 2009
. Constraining choices increases segregation and affects the stability and efficiency of the final allocation. Remarkably, the …
Persistent link: https://www.econbiz.de/10010279488