Behavioural Patterns in Social Networks
Conte, A., Di Cagno, D.T. and Sciubba, E. 2015. Behavioural Patterns in Social Networks. Economic Inquiry. 53 (2), pp. 1331-1349. https://doi.org/10.1111/ecin.12191
Conte, A., Di Cagno, D.T. and Sciubba, E. 2015. Behavioural Patterns in Social Networks. Economic Inquiry. 53 (2), pp. 1331-1349. https://doi.org/10.1111/ecin.12191
| Title | Behavioural Patterns in Social Networks |
|---|---|
| Type | Journal article |
| Authors | Conte, A., Di Cagno, D.T. and Sciubba, E. |
| Abstract | In this article, we focus on the analysis of individual decision-making for the formation of social networks, using experimentally generated data. We analyze the determinants of the individual demand for links under the assumption of agents' static expectations and identify patterns of behavior that correspond to three specific objectives: players propose links so as to maximize expected profits (myopic best response strategy); players attempt to establish the largest number of direct links (reciprocator strategy); and players maximize expected profits per direct link (opportunistic strategy). These strategies explain approximately 74% of the observed choices. We demonstrate that they are deliberately adopted and, by means of a finite mixture model, well identified and separated in our sample. (JEL C33, C35, C90, D85) |
| Journal | Economic Inquiry |
| Journal citation | 53 (2), pp. 1331-1349 |
| ISSN | 0095-2583 |
| Year | 2015 |
| Publisher | Wiley |
| Digital Object Identifier (DOI) | https://doi.org/10.1111/ecin.12191 |
| Publication dates | |
| Published in print | Apr 2015 |
| Published online | 30 Dec 2014 |