Showing 381 - 390 of 435
The structures of social interaction affect individual behavior and economic performance in important ways. This leads us to ask: does the architecture of social interaction exhibit particular patterns and are these patterns stable over time? We examine interaction among economists by looking at...
Persistent link: https://www.econbiz.de/10005230871
In many economic and social contexts, individuals can undertake a transaction only if they are `linked' or related to each other. We take the view that these links are costly, in the sense that it takes effort and resources to create and maintain them. The link formation decisions of the players...
Persistent link: https://www.econbiz.de/10005231117
When there are competing technologies or products with unknown payoffs an important question is which technology will prevail and whether technologies with different payoffs can coexist in the long run. In this paper, we use a social learning model with local interactions to study this question....
Persistent link: https://www.econbiz.de/10005155366
This paper studies a connections model of network formation in which players are heterogeneous with respect to values as well as the cost of forming links. We start by showing that value heterogeneity is important in determining the level of connectedness of a network, while cost heterogeneity...
Persistent link: https://www.econbiz.de/10005264525
We develop a model of R&D collaboration in which individual firms carry out in-house research on core activities and undertake bilateral joint projects on non-core activities with other firms. We develop conditions on the profit functions of the firm under which R&D investments in different...
Persistent link: https://www.econbiz.de/10005281858
In many economic and social contexts, individual players choose their partners and also decide on a mode of behavior in interactions with these partners. This paper develops a simple model to examine the interaction between partner choice and individual behavior in games of coordination. An...
Persistent link: https://www.econbiz.de/10005282004
We examine the incentives of regions in a country to unite or to separate. We find that smaller regions have greater incentives to unite, relative to larger regions. We show, however, that on the whole, majority voting on separation and union generates excessive incentives to separate. This...
Persistent link: https://www.econbiz.de/10005282009
We study individual ability to memorize and recall information about friendship networks using a combination of experiments and survey-based data. In the experi- ment subjects are shown a network, in which their location is exogenously assigned, and they are then asked questions about the...
Persistent link: https://www.econbiz.de/10009399294
[fre] Cet article présente un panorama de recherches récentes sur la formation de réseaux inter-firmes. Ces réseaux sont considérés dans deux types d'environnement économique. Nous étudions tout d'abord des réseaux de collaboration horizontale entre firmes. Puis nous analysons des...
Persistent link: https://www.econbiz.de/10008608036
This paper examines the celebrated "Strength of weak ties" theory of Granovetter(1973). We formalize the theory in terms of two hypotheses: one, for any threeplayers with two links present, the probability of a third link being present isincreasing in the strength of the two ties, and two, the...
Persistent link: https://www.econbiz.de/10008602646