Arbeitspapier

Contagion and the emergence of convention in small worlds

We model a simple dynamic process in which boundedly rational agents learn through their interactions with others. Of interest is to study the process of contagion where by one action 'spreads throughout the population' and becomes conventional. We vary the network of player interaction between a regular lattice and a random network allowing us to model contagion in small world networks. Through simulation results we highlight the importance of network structure on both the possibility of contagion and the rate of contagion.

Sprache
Englisch

Erschienen in
Series: Department of Economics Discussion Paper ; No. 04,14

Klassifikation
Wirtschaft
Game Theory and Bargaining Theory: General
Noncooperative Games
Existence and Stability Conditions of Equilibrium
Thema
Best reply
risk dominant
contagion
small world
Lernprozess
Unternehmensnetzwerk
Prinzipal-Agent-Theorie
Soziales Netzwerk

Ereignis
Geistige Schöpfung
(wer)
Cartwright, Edward
Ereignis
Veröffentlichung
(wer)
University of Kent, Department of Economics
(wo)
Canterbury
(wann)
2004

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Cartwright, Edward
  • University of Kent, Department of Economics

Entstanden

  • 2004

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