Morphogenesis Of Social Networks And Coexistence Of Technologies

Fré Dé and Ric Deroian

Economics of Innovation and New Technology, 2001, vol. 10, issue 6, 427-448

Abstract: The aim of the article is to relate the formation of influence networks to the coexistence of technologies in the long run. In the spirit of Plouraboue et al. (1998), we postulate that potential adopters of a technology are situated in a social network. In our model, initial relations are partly negative and all the expected utilities are revised in parallel. In the case of an exogenous network, opinions can fluctuate endlessly. When agents reallocate their relationships, this reinforces trust in agents whose opinion is close to theirs. As a result of this process, the network stabilizes in the long run, generating diversity in expected utilities.

Keywords: Innovation, Influence, Social Network, Morphogenesis, Reversed Hopf Bifurcation, Innovation, Influence, Social Network, Morphogenrsis, Reversed Hopf Bifurcation J.E.L. classification: A12, A14, D11, D83, O33, Innovation, Influence, Social Network, Morphogenesis, Reversed Hopf Bifurcation J.E.L classification A12; A14; D11; D83; O33, (search for similar items in EconPapers)
Date: 2001
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DOI: 10.1080/10438590100000017

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