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Each worker belongs to either the majority or the minority group and, irrespective of the group she belongs to, can have good or bad work habits. These traits are transmitted from one generation to the next through a learning and imitation process which depends on parents' purposeful investment...
Persistent link: https://www.econbiz.de/10012784045
We study a strategic model of community formation on networks. Starting from a seed community member, the process of community formation is sequential, with infinitely-patient and forward-looking agents making strategic offers to their neighbors. Each agent makes an irreversible binary choice,...
Persistent link: https://www.econbiz.de/10013294427