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Asymmetric information in a bilateral monopoly
Conflict and segregation in networks: An experiment on the interplay between individual preferences and social influence
1. | Institute of Sociology and Social Psychology, University of Cologne, Cologne, Germany |
2. | ERI-CES, Departamento de Análisis Económico, Universitat de Valencia, Avenida Los Naranjos s/n, Campus de Tarongers, Valencia, 46022, Spain, Spain, Spain |
References:
[1] |
G. A. Akerlof and R. E. Kranton, Economics and identity, The Quarterly Journal of Economics, 115 (2000), 715-753.
doi: 10.1515/9781400834181. |
[2] |
G. A. Akerlof and R. E. Kranton, Identity and schooling: Some lessons for the economics of education, Journal of economic literature, 40 (2002), 1167-1201.
doi: 10.1257/.40.4.1167. |
[3] |
G. A. Akerlof and R. E. Kranton, Identity and the economics of organizations, The Journal of Economic Perspectives, 19 (2005), 9-32.
doi: 10.1257/0895330053147930. |
[4] |
G. A. Akerlof and R. E. Kranton, Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being, Princeton University Press, 2010. |
[5] |
V. Bala and S. Goyal, A noncooperative model of network formation, Econometrica, 68 (2000), 1181-1229.
doi: 10.1111/1468-0262.00155. |
[6] |
C. Ballester, A. Calvó-Armengol and Y. Zenou, Who's who in networks. wanted: The key player, Econometrica, 74 (2006), 1403-1417.
doi: 10.1111/j.1468-0262.2006.00709.x. |
[7] |
H. Bernhard, E. Fehr and U. Fischbacher, Group affiliation and altruistic norm enforcement, The American Economic Review, 96 (2006), 217-221.
doi: 10.1257/000282806777212594. |
[8] |
M. Billig and H. Tajfel, Social categorization and similarity in intergroup behaviour, European Journal of Social Psychology, 3 (1973), 27-52.
doi: 10.1002/ejsp.2420030103. |
[9] |
M. B. Brewer, In-group bias in the minimal intergroup situation: A cognitive-motivational analysis, Psychological bulletin, 86 (1979), 307-324.
doi: 10.1037/0033-2909.86.2.307. |
[10] |
A. Calvó-Armengol and R. İlkılıç, Pairwise-stability and nash equilibria in network formation, International Journal of Game Theory, 38 (2009), 51-79.
doi: 10.1007/s00182-008-0140-7. |
[11] |
C. Camerer, Behavioral Game Theory: Experiments in Strategic Interaction, Princeton University Press, 2003. |
[12] |
G. Charness, L. Rigotti and A. Rustichini, Individual behavior and group membership,, The American Economic Review, (): 1340.
doi: 10.2139/ssrn.894685. |
[13] |
Y. Chen and S. X. Li, Group identity and social preferences, The American Economic Review, 99 (2009), 431-457.
doi: 10.1257/aer.99.1.431. |
[14] |
G. Ellison, Learning, local interaction, and coordination, Econometrica, 61 (1993), 1047-1071.
doi: 10.2307/2951493. |
[15] |
J. Farrell and M. Rabin, Cheap talk, Journal of Economic Perspectives, 10 (1996), 103-118.
doi: 10.1257/jep.10.3.103. |
[16] |
U. Fischbacher, z-tree: Zurich toolbox for ready-made economic experiments, Experimental economics, 10 (2007), 171-178.
doi: 10.1007/s10683-006-9159-4. |
[17] |
A. Galeotti, S. Goyal, M. Jackson, F. Vega-Redondo and L. Yariv, Network games, Review of Economic Studies, 77 (2010), 218-244.
doi: 10.1111/j.1467-937X.2009.00570.x. |
[18] |
L. Goette, D. Huffman and S. Meier, The impact of group membership on cooperation and norm enforcement: Evidence using random assignment to real social groups, The American economic review, 96 (2006), 212-216.
doi: 10.1257/000282806777211658. |
[19] |
S. Goyal, Connections: An Introduction to the Economics of Networks, Princeton University Press, 2007. |
[20] |
M. Granovetter, Threshold models of collective behavior, American journal of sociology, 83 (1978), 1420-1443.
doi: 10.1086/226707. |
[21] |
P. Hernández, M. Muñoz-Herrera and Á. Sánchez, Heterogeneous network games, Games and Economic Behavior, 79 (2013), p56.
doi: 10.1016/j.geb.2013.01.004. |
[22] |
M. O. Jackson, A survey of network formation models: Stability and efficiency, Group Formation in Economics: Networks, Clubs, and Coalitions, (2010), 11-57.
doi: 10.1017/CBO9780511614385.002. |
[23] |
M. O. Jackson, Networks and economic behavior, Annu. Rev. Econ., 1 (2009), 489-511.
doi: 10.1146/annurev.economics.050708.143238. |
[24] |
M. O. Jackson, Social and Economic Networks, Princeton University Press, 2008. |
[25] |
M. O. Jackson and A. Watts, The existence of pairwise stable networks,, Seoul Journal of Economics., ().
|
[26] |
M. O. Jackson and A. Watts, On the formation of interaction networks in social coordination games, Games and Economic Behavior, 41 (2002), 265-291.
doi: 10.1016/S0899-8256(02)00504-3. |
[27] |
M. O. Jackson and A. Wolinsky, A strategic model of social and economic networks, Journal of economic theory, 71 (1996), 44-74.
doi: 10.1006/jeth.1996.0108. |
[28] |
M. Kandori, G. J. Mailath and R. Rob, Learning, mutation, and long run equilibria in games, Econometrica: Journal of the Econometric Society, 61 (1993), 29-56.
doi: 10.2307/2951777. |
[29] |
G. J. Leonardelli and M. B. Brewer, Minority and majority discrimination: When and why, Journal of Experimental Social Psychology, 37 (2001), 468-485.
doi: 10.1006/jesp.2001.1475. |
[30] |
D. López-Pintado, Contagion and coordination in random networks, International Journal of Game Theory, 34 (2006), 371-381.
doi: 10.1007/s00182-006-0026-5. |
[31] |
P. V. Marsden, Network diversity, substructures, and opportunities for contact,, Structures of power and constraint: Papers in honor of Peter Blau, (): 397.
|
[32] |
M. McPherson, L. Smith-Lovin and J. M. Cook, Birds of a feather: Homophily in social networks, Annual review of sociology, 27 (2001), 415-444.
doi: 10.1146/annurev.soc.27.1.415. |
[33] |
S. Morris, Contagion, The Review of Economic Studies, 67 (2000), 57-78.
doi: 10.1111/1467-937X.00121. |
[34] |
B. Mullen, R. Brown and C. Smith, Ingroup bias as a function of salience, relevance, and status: An integration, European Journal of Social Psychology, 22 (1992), 103-122.
doi: 10.1002/ejsp.2420220202. |
[35] |
M. Muñoz-Herrera, J. Dijkstra, A. Flache and R. Wittek, How specialization can breed social exclusion: A model of strategic interaction between pecialists and generalists in knowledge-intensive productive exchange,, Working Paper, ().
|
[36] |
T. Schelling, Micromotives and Macrobehavior, New York: WW Norton, 1978. |
[37] |
T. Snijders and R. J. Bosker, Multilevel Analysis: An Introduction to Basic and Applied Multilevel Analysis, 2nd edition, London: Sage, 2012. |
[38] |
H. Tajfel and J. C. Turner, An integrative theory of intergroup conflict, The social psychology of intergroup relations, 33 (1979), p47. |
[39] |
J. C. Turner, Social categorization and social discrimination in the minimal group paradigm,, Differentiation between social groups: Studies in the social psychology of intergroup relations, (): 101.
|
[40] |
J. C. Turner, M. A. Hogg, P. J. Oakes, S. D. Reicher and M. S. Wetherell, Rediscovering the Social Group: A Self-Categorization Theory., Basil Blackwell, 1987. |
[41] |
F. Vega-Redondo, Complex Social Networks, vol. 44, Cambridge Univ Pr, 2007.
doi: 10.1017/CBO9780511804052. |
[42] |
L. M. Verbrugge, The structure of adult friendship choices, Social Forces, 56 (1977), 576-597. |
[43] |
X. Vives, Games with strategic complementarities: New applications to industrial organization, International Journal of Industrial Organization, 23 (2005), 625-637.
doi: 10.1016/j.ijindorg.2005.04.002. |
[44] |
H. P. Young, The evolution of conventions, Econometrica: Journal of the Econometric Society, 61 (1993), 57-84.
doi: 10.2307/2951778. |
show all references
References:
[1] |
G. A. Akerlof and R. E. Kranton, Economics and identity, The Quarterly Journal of Economics, 115 (2000), 715-753.
doi: 10.1515/9781400834181. |
[2] |
G. A. Akerlof and R. E. Kranton, Identity and schooling: Some lessons for the economics of education, Journal of economic literature, 40 (2002), 1167-1201.
doi: 10.1257/.40.4.1167. |
[3] |
G. A. Akerlof and R. E. Kranton, Identity and the economics of organizations, The Journal of Economic Perspectives, 19 (2005), 9-32.
doi: 10.1257/0895330053147930. |
[4] |
G. A. Akerlof and R. E. Kranton, Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being, Princeton University Press, 2010. |
[5] |
V. Bala and S. Goyal, A noncooperative model of network formation, Econometrica, 68 (2000), 1181-1229.
doi: 10.1111/1468-0262.00155. |
[6] |
C. Ballester, A. Calvó-Armengol and Y. Zenou, Who's who in networks. wanted: The key player, Econometrica, 74 (2006), 1403-1417.
doi: 10.1111/j.1468-0262.2006.00709.x. |
[7] |
H. Bernhard, E. Fehr and U. Fischbacher, Group affiliation and altruistic norm enforcement, The American Economic Review, 96 (2006), 217-221.
doi: 10.1257/000282806777212594. |
[8] |
M. Billig and H. Tajfel, Social categorization and similarity in intergroup behaviour, European Journal of Social Psychology, 3 (1973), 27-52.
doi: 10.1002/ejsp.2420030103. |
[9] |
M. B. Brewer, In-group bias in the minimal intergroup situation: A cognitive-motivational analysis, Psychological bulletin, 86 (1979), 307-324.
doi: 10.1037/0033-2909.86.2.307. |
[10] |
A. Calvó-Armengol and R. İlkılıç, Pairwise-stability and nash equilibria in network formation, International Journal of Game Theory, 38 (2009), 51-79.
doi: 10.1007/s00182-008-0140-7. |
[11] |
C. Camerer, Behavioral Game Theory: Experiments in Strategic Interaction, Princeton University Press, 2003. |
[12] |
G. Charness, L. Rigotti and A. Rustichini, Individual behavior and group membership,, The American Economic Review, (): 1340.
doi: 10.2139/ssrn.894685. |
[13] |
Y. Chen and S. X. Li, Group identity and social preferences, The American Economic Review, 99 (2009), 431-457.
doi: 10.1257/aer.99.1.431. |
[14] |
G. Ellison, Learning, local interaction, and coordination, Econometrica, 61 (1993), 1047-1071.
doi: 10.2307/2951493. |
[15] |
J. Farrell and M. Rabin, Cheap talk, Journal of Economic Perspectives, 10 (1996), 103-118.
doi: 10.1257/jep.10.3.103. |
[16] |
U. Fischbacher, z-tree: Zurich toolbox for ready-made economic experiments, Experimental economics, 10 (2007), 171-178.
doi: 10.1007/s10683-006-9159-4. |
[17] |
A. Galeotti, S. Goyal, M. Jackson, F. Vega-Redondo and L. Yariv, Network games, Review of Economic Studies, 77 (2010), 218-244.
doi: 10.1111/j.1467-937X.2009.00570.x. |
[18] |
L. Goette, D. Huffman and S. Meier, The impact of group membership on cooperation and norm enforcement: Evidence using random assignment to real social groups, The American economic review, 96 (2006), 212-216.
doi: 10.1257/000282806777211658. |
[19] |
S. Goyal, Connections: An Introduction to the Economics of Networks, Princeton University Press, 2007. |
[20] |
M. Granovetter, Threshold models of collective behavior, American journal of sociology, 83 (1978), 1420-1443.
doi: 10.1086/226707. |
[21] |
P. Hernández, M. Muñoz-Herrera and Á. Sánchez, Heterogeneous network games, Games and Economic Behavior, 79 (2013), p56.
doi: 10.1016/j.geb.2013.01.004. |
[22] |
M. O. Jackson, A survey of network formation models: Stability and efficiency, Group Formation in Economics: Networks, Clubs, and Coalitions, (2010), 11-57.
doi: 10.1017/CBO9780511614385.002. |
[23] |
M. O. Jackson, Networks and economic behavior, Annu. Rev. Econ., 1 (2009), 489-511.
doi: 10.1146/annurev.economics.050708.143238. |
[24] |
M. O. Jackson, Social and Economic Networks, Princeton University Press, 2008. |
[25] |
M. O. Jackson and A. Watts, The existence of pairwise stable networks,, Seoul Journal of Economics., ().
|
[26] |
M. O. Jackson and A. Watts, On the formation of interaction networks in social coordination games, Games and Economic Behavior, 41 (2002), 265-291.
doi: 10.1016/S0899-8256(02)00504-3. |
[27] |
M. O. Jackson and A. Wolinsky, A strategic model of social and economic networks, Journal of economic theory, 71 (1996), 44-74.
doi: 10.1006/jeth.1996.0108. |
[28] |
M. Kandori, G. J. Mailath and R. Rob, Learning, mutation, and long run equilibria in games, Econometrica: Journal of the Econometric Society, 61 (1993), 29-56.
doi: 10.2307/2951777. |
[29] |
G. J. Leonardelli and M. B. Brewer, Minority and majority discrimination: When and why, Journal of Experimental Social Psychology, 37 (2001), 468-485.
doi: 10.1006/jesp.2001.1475. |
[30] |
D. López-Pintado, Contagion and coordination in random networks, International Journal of Game Theory, 34 (2006), 371-381.
doi: 10.1007/s00182-006-0026-5. |
[31] |
P. V. Marsden, Network diversity, substructures, and opportunities for contact,, Structures of power and constraint: Papers in honor of Peter Blau, (): 397.
|
[32] |
M. McPherson, L. Smith-Lovin and J. M. Cook, Birds of a feather: Homophily in social networks, Annual review of sociology, 27 (2001), 415-444.
doi: 10.1146/annurev.soc.27.1.415. |
[33] |
S. Morris, Contagion, The Review of Economic Studies, 67 (2000), 57-78.
doi: 10.1111/1467-937X.00121. |
[34] |
B. Mullen, R. Brown and C. Smith, Ingroup bias as a function of salience, relevance, and status: An integration, European Journal of Social Psychology, 22 (1992), 103-122.
doi: 10.1002/ejsp.2420220202. |
[35] |
M. Muñoz-Herrera, J. Dijkstra, A. Flache and R. Wittek, How specialization can breed social exclusion: A model of strategic interaction between pecialists and generalists in knowledge-intensive productive exchange,, Working Paper, ().
|
[36] |
T. Schelling, Micromotives and Macrobehavior, New York: WW Norton, 1978. |
[37] |
T. Snijders and R. J. Bosker, Multilevel Analysis: An Introduction to Basic and Applied Multilevel Analysis, 2nd edition, London: Sage, 2012. |
[38] |
H. Tajfel and J. C. Turner, An integrative theory of intergroup conflict, The social psychology of intergroup relations, 33 (1979), p47. |
[39] |
J. C. Turner, Social categorization and social discrimination in the minimal group paradigm,, Differentiation between social groups: Studies in the social psychology of intergroup relations, (): 101.
|
[40] |
J. C. Turner, M. A. Hogg, P. J. Oakes, S. D. Reicher and M. S. Wetherell, Rediscovering the Social Group: A Self-Categorization Theory., Basil Blackwell, 1987. |
[41] |
F. Vega-Redondo, Complex Social Networks, vol. 44, Cambridge Univ Pr, 2007.
doi: 10.1017/CBO9780511804052. |
[42] |
L. M. Verbrugge, The structure of adult friendship choices, Social Forces, 56 (1977), 576-597. |
[43] |
X. Vives, Games with strategic complementarities: New applications to industrial organization, International Journal of Industrial Organization, 23 (2005), 625-637.
doi: 10.1016/j.ijindorg.2005.04.002. |
[44] |
H. P. Young, The evolution of conventions, Econometrica: Journal of the Econometric Society, 61 (1993), 57-84.
doi: 10.2307/2951778. |
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