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Small world networks with segregation patterns and brokers.

Abstract:

Many social networks have the following properties: (i) a short average distance between any two individuals; (ii) a high clustering coefficient; (iii) segregation patterns; the presence of (iv) brokers and (v) hubs. (i) and (ii) define a small world network. This paper develops a strategic network formation model where agents have heterogeneous knowledge of the network: cognizant agents know the whole network, while ignorant ones are less knowledgeable. For a broad range of parameters, all p...

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Publisher:
Department of Economics (University of Oxford)
Series:
Discussion paper series
Publication date:
2010-01-01
Language:
English
UUID:
uuid:61ebf140-91d0-42cf-8d50-468f2df700e5
Local pid:
oai:economics.ouls.ox.ac.uk:14731
Deposit date:
2011-08-16

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