Local Network Effects and Complex Network Structure
نویسندگان
چکیده
منابع مشابه
Local Network Effects and Complex Network Structure
This paper presents a model of local network effects in which agents connected in a social network each value the adoption of a product by a heterogeneous subset of other agents in their neighborhood, and have incomplete information about the structure and strength of adoption complementarities between all other agents. I show that the symmetric Bayes-Nash equilibria of this network game are in...
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Network effects are often “local” Communication technologies, business networks, online marketplaces... The structure of underlying social or business networks affects the adoption of network goods An agent’s “local” network directly affects their value from adoption... ...but so does the structure of the rest of the social network Local networks are connected One’s neighbors’ local networks af...
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ژورنال
عنوان ژورنال: The B.E. Journal of Theoretical Economics
سال: 2008
ISSN: 1935-1704,2194-6124
DOI: 10.2202/1935-1704.1319