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.
- Language
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Englisch
- Bibliographic citation
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Series: Department of Economics Discussion Paper ; No. 04,14
- Classification
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Wirtschaft
Game Theory and Bargaining Theory: General
Noncooperative Games
Existence and Stability Conditions of Equilibrium
- Subject
-
Best reply
risk dominant
contagion
small world
Lernprozess
Unternehmensnetzwerk
Prinzipal-Agent-Theorie
Soziales Netzwerk
- Event
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Geistige Schöpfung
- (who)
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Cartwright, Edward
- Event
-
Veröffentlichung
- (who)
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University of Kent, Department of Economics
- (where)
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Canterbury
- (when)
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2004
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Cartwright, Edward
- University of Kent, Department of Economics
Time of origin
- 2004
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