Arbeitspapier
Continuous Homophily and Clustering in Random Networks
We propose a random network model incorporating heterogeneity of agents and a continuous notion of homophily. Unlike the vast majority of the corresponding economic literature, we capture homophily in terms of similarity rather than equality of agents. We show that if links between similar agents are indeed more likely, our homophilous random network model exhibits clustering. Moreover, simulations indicate that the well-known small-world phenomenon is preserved even at high homophily levels. As a possible application we provide a stylized labor market model, where a firm can hire a worker via the social network.
- Sprache
-
Englisch
- Erschienen in
-
Series: Center for Mathematical Economics Working Papers ; No. 515
- Klassifikation
-
Wirtschaft
Network Formation and Analysis: Theory
Unemployment: Models, Duration, Incidence, and Job Search
Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
- Thema
-
Random Graphs
Homophily
Clustering
Small-World Phenomenon
Network Formation
Labor Market Search
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gauer, Florian
Landwehr, Jakob
- Ereignis
-
Veröffentlichung
- (wer)
-
Bielefeld University, Center for Mathematical Economics (IMW)
- (wo)
-
Bielefeld
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:23 MESZ
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.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Gauer, Florian
- Landwehr, Jakob
- Bielefeld University, Center for Mathematical Economics (IMW)
Entstanden
- 2014
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