Download or read book Essays on Signaling and Social Networks written by Tomas Rodriguez Barraquer and published by Stanford University. This book was released on 2011 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last few decades some analytic tools intensely used by economics have produced useful insights in topics formerly in the exclusive reach of other social sciences. In particular game theory, justifiable from either a multi-person decision theoretic perspective or from an evolutionary one, often serves as a generous yet sufficiently tight framework for interdisciplinary dialogue. The three essays in this collection apply game theory to answer questions with some aspects of economic interest. The three of them have in common that they are related to topics to which other social sciences, specially sociology, have made significant contributions. While working within economics I have attempted to use constructively and faithfully some of these ideas. Chapter 1, coauthored with Xu Tan, studies situations in which a set of agents take actions in order to convey private information to an observing third party which then assigns a set of prizes based on its beliefs about the ranking of the agents in terms of the unobservable characteristic. These situations were first studied using game theoretic frameworks by Spence and Akerlof in the early seventies, but some of the key insights date back to the foundational work of Veblen. In our analysis we focus on the competitive aspect of some of these situations and cast signals as random variables whose distributions are determined by the underlying unobservable characteristics. Under this formulation different signals have inherent meanings, preceding any stable conventions that may be established. We use these prior meanings to propose an equilibrium selection criterion, which significantly refines the very large set of sequential equilibria in this class of games. In Chapter 2, coauthored with Matthew O. Jackson and Xu Tan, we study the structure of social networks that allow individuals to cooperate with one another in settings in which behavior is non-contractible, by supporting schemes of credible ostracism of deviators. There is a significant literature on the subject of cooperation in social networks focusing on the role of the network in transmitting the information necessary for the timely punishment of deviators, and deriving properties of network structures able to sustain cooperation from that perspective. Ours is one of the first efforts to understand the network restrictions that emerge purely from the credibility of ostracism, carefully considering the implications that the dissolution of any given relationship may have over the sustainability of other relations in the community. In Chapter 3 I study the sets of Pure Strategy Nash equilibria of a variety of binary games of social influence under complete information. In a game of social influence agents simultaneously choose one of two possible strategies (to be inactive or be active), and the optimal choice depends on the strategies of the agents in their social environment. Different social environments and assumptions on the way in which they influence the behavior of the agents lead to different classes of games of varying degrees of tractability. In any such game an equilibrium can be described by the set of agents that are active, and the full set of equilibria can be thus represented as a collection of subsets of the set of agents. I build the analysis of each of the classes of games that I consider around the question: What collections of sets are expressible as the set of equilibria of some game in the class? I am able to provide precise answers to these questions in some of the classes studied, and in other cases just some pointers.
Download or read book Essays on Economic Psychology written by Hermann Brandstätter and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic behavior is explored from a psychological perspective by both, prominent economic psychologists with a long tradition in studying economic problems as well as economists who are open and interested in the psychological aspects of economic behavior. The contributions discuss the prospects and difficulties of this dialogue between psychology and economics and survey some important areas of research where such an interdisciplinary approach has proved to be successful. The text can also be used to introduce psychology to economists in order to give them an idea how to analyze economic problems from a psychological perspective. It also indicates many urgent and exciting research topics awaiting eager scholars to carry on the dialogue.
Download or read book Selected Essays on Corporate Reputation and Social Media written by Markus Kick and published by Springer. This book was released on 2015-02-19 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: In four empirical studies, this cumulative work provides valuable insights for marketing executives of statutory health insurance funds and social media responsible. Paper I and II provide evidence about the importance and interplay of price and corporate reputation on the market of statutory health insurance. The second part changes perspective to corporate communication issues in the social media environment. By introducing the “social media brand value chain” paper III conducts a literature review of state of the art social media research. By means of a field experiment on Facebook, paper IV shows that brands do not necessarily have to communicate via their brand fan pages in a highly interactive and vivid way to positively influence attitudinal measures among their fan base.
Download or read book The Missing Links written by James E. Rauch and published by Russell Sage Foundation. This book was released on 2007-08-16 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Half of all workers are hired through personal referrals, and networks of social connections channel the flows of capital, technology, and international trade. Sociologists and economists alike recognize that economic exchange is shaped by social networks, which propagate information and facilitate trust, but each discipline brings a distinct theoretical perspective to the study of networks. Sociologists have focused on how networks shape individual behavior, economists on how individual choices shape networks. The Missing Links is a bold effort by an interdisciplinary group of scholars to synthesize sociological and economic theories of how economic networks emerge and evolve. Interweaving sophisticated theoretical models and concrete case studies, The Missing Links is both an introduction to the study of economic networks and a catalyst for further research. Economists Rachel Kranton and Deborah Minehart illustrate their field's approach to modeling network formation, showing how manufacturers form networks of suppliers in ways that maximize profits. Exemplifying the sociological approach, Ronald Burt analyzes patterns of cooperation and peer evaluations among colleagues at a financial organization. He finds that dense connections of shared acquaintances lead to more stable reputations. In the latter half of the book, contributors combine the insights of sociology and economics to explore a series of case studies. Ray Reagans, Ezra Zuckerman, and Bill McEvily investigate an R & D firm in which employees participate in overlapping collaborative teams, allowing the authors to disentangle the effects of network structure and individual human capital on team performance. Kaivan Munshi and Mark Rosenzweig examine how economic development and rising inequality in India are reshaping caste-based networks of mutual insurance and job referrals. Their study shows that people's economic decisions today are shaped both by the legacy of the caste hierarchies and by the particular incentives and constraints that each individual faces in an evolving labor market. Economic globalization is forging new connections between people in distant corners of the world, while unsettling long-standing social relations. Anyone interested in understanding the opportunities and challenges of this era of rapid change will find a highly informative guide in The Missing Links.
Download or read book Moral Aspects of Economic Growth and Other Essays written by Barrington Moore and published by Cornell University Press. This book was released on 1998 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: The product of decades of reflection on issues of authority, inequality, and injustice, this volume analyzes fluctuating moral beliefs and behavior in political and economic affairs at different points in history, from the early Middle Ages in England to the prospects for liberalism under twentieth-century Soviet socialism.
Download or read book Game Theory and Economic Behaviour written by Reinhard Selten (Economist, Germany) and published by Edward Elgar Publishing. This book was released on 1999-03-24 with total page 924 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'These two volumes constitute an impressive collection of selected path-breaking works of Professor Selten. . . . Edward Elgar Publications deserve merit for bringing out most frequently-cited and prominent articles of Professor Selten in a conveniently available package.' - K. Ravikumar, Journal of Scientific and Industrial Research In 1994, the Nobel Prize was awarded to Reinhard Selten, John Nash and John Harsanyi, for pioneering analysis in game theory. Selten was the first to refine the Nash equilibrium concept of non-cooperative games for analysing dynamic strategic interaction and to apply these concepts to analyses of oligopoly.
Download or read book Emerging Trends in the Social and Behavioral Sciences written by Stephen Michael Kosslyn and published by . This book was released on 2015-05-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A major new online reference work, Emerging Trends in the Social and Behavioral Sciences: Interdisciplinary Perspectives contains individual essays from both established scholars and rising stars. Links in each entry direct users to other relevant entries, often in other disciplines and specialties, thereby creating an intelligent multidimensional system of cross-referencing. Thoughtfully constructed with a multidimensional system of cross-referencing, this innovative reference work allows users to consider emerging trends in the social and behavioral sciences from multiple levels of analysis and from different disciplinary perspectives Focuses on five core social and behavioral science disciplines: anthropology, economics, political science, psychology and sociology - with additional entries in related fields such as education and communications studies Reviews and summarizes the current state of knowledge on each key topic in the social and behavioral sciences, maps emerging trends, and identifies new, promising lines of research Editorial Board members and contributors such as Jacque Eccles, University of Michigan (Psychology); Marlis Buchman, University of Zurich (Sociology); and David Laibson, Harvard (Economics) are recognized globally as experts in their fields www.wileyonlinelibrary.com/ref/emergingtrends Following initial publication, essays will be updated periodically to reflect new developments and new essays will be added.
Download or read book Graduate Admissions Essays Fifth Edition written by Donald Asher and published by Ten Speed Press. This book was released on 2024-07-16 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fully updated fifth edition of the go-to guide for crafting winning essays for any type of graduate program or scholarship, including PhD, master's, MD, JD, Rhodes, and postdocs, with brand-new essays and the latest hot tips and secret techniques. Based on thousands of interviews with successful grad students and admissions officers, Graduate Admissions Essays deconstructs and demystifies the ever-challenging application process for getting into graduate and scholarship programs. The book presents: Sample essays in a comprehensive range of subjects, including some available from no other source: medical residencies, postdocs, elite fellowships, academic autobiographies, and more! The latest on AI, the GRE, and diversity and adversity essays. Detailed strategies that have proven successful for some of the most competitive graduate programs in the country (learn how to beat 1% admissions rates!). How to get strong letters of recommendation, how to get funding when they say they have no funding, and how to appeal for more financial aid. Brand-new sample supplemental application letters, letters to faculty mentors, and letters of continuing interest. Full of Dr. Donald Asher's expert advice, this is the perfect graduate application resource whether you're fresh out of college and eager to get directly into graduate school or decades into your career and looking for a change.
Download or read book Behavioral Economics written by Philip Corr and published by Routledge. This book was released on 2018-07-05 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Behavioral economics is everywhere – whether used by governments to shape our judgement and decision making, advertisers and marketers to sell products, or even politicians to sell policies, its insights are important and far-reaching. Behavioral Economics: The Basics is the first book to provide a rigorous yet accessible overview of the growing field that attempts to uncover the psychological processes which mediate all the economic judgements and decisions we make. In seven accessible chapters, the book answers questions like: What is behavioral economics? How does it help us to understand economic behavior? What does it tell us about how people form judgements and make decisions in their private and public lives? What does it tell us about the psychological nature of financial catastrophes that afflict our economic system? With recommended further readings throughout, Behavioral Economics: The Basics is essential for all students taking courses in behavioral economics, economic psychology, consumer psychology, microeconomics and game theory, and also for professionals looking for an accessible introduction to the topic. Further online resources may be found at www.behaviouraleconomicsbasics.net
Download or read book Proceedings of the 3rd International Conference on Economic Development and Business Culture ICEDBC 2023 written by Shehnaz Tehseen and published by Springer Nature. This book was released on 2023-10-27 with total page 821 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access book.The 3rd International Conference on Economic Development and Business Culture (ICEDBC 2023) will be held in Dali on June 30–July 2, 2023. ICEDBC 2023 is annual conference since 2021. It was held in Xiamen, Dali from 2021 to 2022. Every year, there are many attendees from Asia, Europe, America, etc., and quite a few well-known experts give plenary speeches. Business culture is an organic and important part of the social culture system, it is the comprehensive reflection and expression of national culture and modern consciousness in business behavior, and is formed under the influence of national culture and modern consciousness with modern business characteristics and group consciousness as well as the behavior norms generated by this consciousness. For business, one hand on the economy, the other on culture, will certainly promote China's business towards modernization in a big step. The day when business culture is flourishing is the day when business economy is flourishing. Business culture plays a fundamental and decisive role in economic development, providing adequate basic support and supporting services for business activities. Business culture regulates business behavior, regulates business relationships, and influences the way of thinking in economic operation. Business culture promotes economic development through the shaping of people's pattern realm, entrepreneurship and integrity spirit. Business culture plays the role of "adhesive, catalyst and lubricant" for economic development by constructing and practicing value creation in business management and business transactions. ICEDBC2023 aims to explore the role of business culture in promoting economic development and to thoroughly analyze how to use its economic functions more effectively. ICEDBC 2023 warmly invite you to participate in and look forward to seeing you in Dali, China.
Download or read book The Selten School of Behavioral Economics written by Axel Ockenfels and published by Springer Science & Business Media. This book was released on 2010-09-09 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reinhard Selten, to date the only German Nobel Prize laureate in economics, celebrates his 80th birthday in 2010. While his contributions to game theory are well-known, the behavioral side of his scientific work has received less public exposure, even though he has been committed to experimental research during his entire career, publishing more experimental than theoretical papers in top-tier journals. This Festschrift is dedicated to Reinhard Selten’s exceptional influence on behavioral and experimental economics. In this collection of academic highlight papers, a number of his students are joined by leading scholars in experimental research to document the historical role of the “Meister” in the development of the research methodology and of several sub-fields of behavioral economics. Next to the academic insight in these highly active fields of experimental research, the papers also provide a glance at Reinhard Selten’s academic and personal interaction with his students and peers.
Download or read book The World Bank Research Observer written by and published by . This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Response to Alerts and Warnings Using Social Media written by National Research Council and published by National Academies Press. This book was released on 2013-02-04 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following an earlier NRC workshop on public response to alerts and warnings delivered to mobile devices, a related workshop was held on February 28 and 29, 2012 to look at the role of social media in disaster response. This was one of the first workshops convened to look systematically at the use of social media for alerts and warnings-an event that brought together social science researchers, technologists, emergency management professionals, and other experts on how the public and emergency managers use social media in disasters.In addition to exploring how officials monitor social media, as well as the resulting privacy considerations, the workshop focused on such topics as: what is known about how the public responds to alerts and warnings; the implications of what is known about such public responses for the use of social media to provide alerts and warnings to the public; and approaches to enhancing the situational awareness of emergency managers. Public Response to Alerts and Warnings Using Social Media: Report of a Workshop on Current Knowledge and Research Gaps summarizes presentations made by invited speakers, other remarks by workshop participants, and discussions during parallel breakout sessions. It also points to potential topics for future research, as well as possible areas for future research investment, and it describes some of the challenges facing disaster managers who are seeking to incorporate social media into regular practice.
Download or read book Kahnemann and Tversky and the making of behavioral economics written by Floris Heukelom and published by Rozenberg Publishers. This book was released on 2009 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book New insights into behavioral finance written by Guido Baltussen and published by Rozenberg Publishers. This book was released on 2008 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Hype Machine written by Sinan Aral and published by Currency. This book was released on 2020-09-15 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: A landmark insider’s tour of how social media affects our decision-making and shapes our world in ways both useful and dangerous, with critical insights into the social media trends of the 2020 election and beyond “The book might be described as prophetic. . . . At least two of Aral’s three predictions have come to fruition.”—New York NAMED ONE OF THE BEST BOOKS OF THE YEAR BY WIRED • LONGLISTED FOR THE PORCHLIGHT BUSINESS BOOK AWARD Social media connected the world—and gave rise to fake news and increasing polarization. It is paramount, MIT professor Sinan Aral says, that we recognize the outsize effect social media has on us—on our politics, our economy, and even our personal health—in order to steer today’s social technology toward its great promise while avoiding the ways it can pull us apart. Drawing on decades of his own research and business experience, Aral goes under the hood of the most powerful social networks to tackle the critical question of just how much social media actually shapes our choices, for better or worse. He shows how the tech behind social media offers the same set of behavior influencing levers to everyone who hopes to change the way we think and act—from Russian hackers to brand marketers—which is why its consequences affect everything from elections to business, dating to health. Along the way, he covers a wide array of topics, including how network effects fuel Twitter’s and Facebook’s massive growth, the neuroscience of how social media affects our brains, the real consequences of fake news, the power of social ratings, and the impact of social media on our kids. In mapping out strategies for being more thoughtful consumers of social media, The Hype Machine offers the definitive guide to understanding and harnessing for good the technology that has redefined our world overnight.
Download or read book Computational Approaches to Studying the Co evolution of Networks and Behavior in Social Dilemmas written by Rense Corten and published by John Wiley & Sons. This book was released on 2014-01-29 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: Computational Approaches to Studying the Co-evolution of Networks and Behaviour in Social Dilemmas shows students, researchers, and professionals how to use computation methods, rather than mathematical analysis, to answer research questions for an easier, more productive method of testing their models. Illustrations of general methodology are provided and explore how computer simulation is used to bridge the gap between formal theoretical models and empirical applications.
