Actions influenced by a social network
Jyh-Chyi Gong,
John Conlisk () and
Ching H. Tong
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John Conlisk: University of California at San Diego, La Jolla, CA 92093-0508, USA
Ching H. Tong: 4300 The Woods Drive, Apt 534, San Jose, CA 95136, USA
Journal of Evolutionary Economics, 2001, vol. 11, issue 3, 277-305
Abstract:
A simple framework is presented in which, each period, each of N individuals chooses among K alternatives. Individual actions are interrelated through a social network which arrays the strength of influence of each person on each other person. Emphasis is on the role of the network. The framework accommodates a variety of particular contexts, suggests theorems, and unifies a sizable part of the fragmented literature on network interaction.
Keywords: Network; -; Social; interaction; -; Imitation; -; Threshold; models (search for similar items in EconPapers)
Date: 2001-09-10
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