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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.
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.
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.
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). Google Scholar |
[5] |
V. Bala and S. Goyal, A noncooperative model of network formation,, Econometrica, 68 (2000), 1181.
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.
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.
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.
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.
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.
doi: 10.1007/s00182-008-0140-7. |
[11] |
C. Camerer, Behavioral Game Theory: Experiments in Strategic Interaction,, Princeton University Press, (2003). Google Scholar |
[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.
doi: 10.1257/aer.99.1.431. |
[14] |
G. Ellison, Learning, local interaction, and coordination,, Econometrica, 61 (1993), 1047.
doi: 10.2307/2951493. |
[15] |
J. Farrell and M. Rabin, Cheap talk,, Journal of Economic Perspectives, 10 (1996), 103.
doi: 10.1257/jep.10.3.103. |
[16] |
U. Fischbacher, z-tree: Zurich toolbox for ready-made economic experiments,, Experimental economics, 10 (2007), 171.
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.
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.
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.
doi: 10.1086/226707. |
[21] |
P. Hernández, M. Muñoz-Herrera and Á. Sánchez, Heterogeneous network games,, Games and Economic Behavior, 79 (2013).
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, (2010), 11.
doi: 10.1017/CBO9780511614385.002. |
[23] |
M. O. Jackson, Networks and economic behavior,, Annu. Rev. Econ., 1 (2009), 489.
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., (). Google Scholar |
[26] |
M. O. Jackson and A. Watts, On the formation of interaction networks in social coordination games,, Games and Economic Behavior, 41 (2002), 265.
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.
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.
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.
doi: 10.1006/jesp.2001.1475. |
[30] |
D. López-Pintado, Contagion and coordination in random networks,, International Journal of Game Theory, 34 (2006), 371.
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. Google Scholar |
[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.
doi: 10.1146/annurev.soc.27.1.415. |
[33] |
S. Morris, Contagion,, The Review of Economic Studies, 67 (2000), 57.
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.
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, (). Google Scholar |
[36] |
T. Schelling, Micromotives and Macrobehavior,, New York: WW Norton, (1978). Google Scholar |
[37] |
T. Snijders and R. J. Bosker, Multilevel Analysis: An Introduction to Basic and Applied Multilevel Analysis,, 2nd edition, (2012).
|
[38] |
H. Tajfel and J. C. Turner, An integrative theory of intergroup conflict,, The social psychology of intergroup relations, 33 (1979). Google Scholar |
[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. Google Scholar |
[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). Google Scholar |
[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. Google Scholar |
[43] |
X. Vives, Games with strategic complementarities: New applications to industrial organization,, International Journal of Industrial Organization, 23 (2005), 625.
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.
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.
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.
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.
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). Google Scholar |
[5] |
V. Bala and S. Goyal, A noncooperative model of network formation,, Econometrica, 68 (2000), 1181.
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.
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.
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.
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.
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.
doi: 10.1007/s00182-008-0140-7. |
[11] |
C. Camerer, Behavioral Game Theory: Experiments in Strategic Interaction,, Princeton University Press, (2003). Google Scholar |
[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.
doi: 10.1257/aer.99.1.431. |
[14] |
G. Ellison, Learning, local interaction, and coordination,, Econometrica, 61 (1993), 1047.
doi: 10.2307/2951493. |
[15] |
J. Farrell and M. Rabin, Cheap talk,, Journal of Economic Perspectives, 10 (1996), 103.
doi: 10.1257/jep.10.3.103. |
[16] |
U. Fischbacher, z-tree: Zurich toolbox for ready-made economic experiments,, Experimental economics, 10 (2007), 171.
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.
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.
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.
doi: 10.1086/226707. |
[21] |
P. Hernández, M. Muñoz-Herrera and Á. Sánchez, Heterogeneous network games,, Games and Economic Behavior, 79 (2013).
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, (2010), 11.
doi: 10.1017/CBO9780511614385.002. |
[23] |
M. O. Jackson, Networks and economic behavior,, Annu. Rev. Econ., 1 (2009), 489.
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., (). Google Scholar |
[26] |
M. O. Jackson and A. Watts, On the formation of interaction networks in social coordination games,, Games and Economic Behavior, 41 (2002), 265.
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.
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.
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.
doi: 10.1006/jesp.2001.1475. |
[30] |
D. López-Pintado, Contagion and coordination in random networks,, International Journal of Game Theory, 34 (2006), 371.
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. Google Scholar |
[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.
doi: 10.1146/annurev.soc.27.1.415. |
[33] |
S. Morris, Contagion,, The Review of Economic Studies, 67 (2000), 57.
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.
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, (). Google Scholar |
[36] |
T. Schelling, Micromotives and Macrobehavior,, New York: WW Norton, (1978). Google Scholar |
[37] |
T. Snijders and R. J. Bosker, Multilevel Analysis: An Introduction to Basic and Applied Multilevel Analysis,, 2nd edition, (2012).
|
[38] |
H. Tajfel and J. C. Turner, An integrative theory of intergroup conflict,, The social psychology of intergroup relations, 33 (1979). Google Scholar |
[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. Google Scholar |
[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). Google Scholar |
[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. Google Scholar |
[43] |
X. Vives, Games with strategic complementarities: New applications to industrial organization,, International Journal of Industrial Organization, 23 (2005), 625.
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.
doi: 10.2307/2951778. |
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