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We model network formation when heterogeneous nodes enter sequentially and form connections through both random meetings and network-based search, but with type-dependent biases. We show that there is “long-run integration”, whereby the composition of types in sufficiently old nodesʼ...
Persistent link: https://www.econbiz.de/10011042960
We develop a model of friendship formation that sheds light on segregation patterns observed in social and economic networks. Individuals come in different types and have type-dependent benefits from friendships; we examine the properties of a steady-state equilibrium of a matching process of...
Persistent link: https://www.econbiz.de/10005057160
We develop a model of friendship formation that sheds light on segregation patterns observed in social and economic networks. Individuals have types and see type-dependent benefits from friendships. We examine the properties of a steady-state equilibrium of a matching process of friendship...
Persistent link: https://www.econbiz.de/10005024292
Persistent link: https://www.econbiz.de/10010009509
We study network formation where nodes are born sequentially and form links with previously born nodes. Connections are formed through a combination of random meetings and through search, as in Jackson and Rogers (2007). A newborn's random meetings of existing nodes are type-dependent and the...
Persistent link: https://www.econbiz.de/10013115326
Persistent link: https://www.econbiz.de/10009687525
We model network formation when heterogeneous nodes enter sequentially and form connections through both random meetings and network-based search, but with type-dependent biases. We show that there is "long-run integration," whereby the composition of types in sufficiently old nodes'...
Persistent link: https://www.econbiz.de/10013112018
Persistent link: https://www.econbiz.de/10008279083
We develop a model of friendship formation that sheds light on segregation patterns observed in social and economic networks. Individuals come in different types and have type-dependent benefits from friendships; we examine the properties of a steady-state equilibrium of a matching process of...
Persistent link: https://www.econbiz.de/10003912120
Persistent link: https://www.econbiz.de/10003881887