Diffusion of innovations in social networks

While social networks do affect diffusion of innovations, the exact nature of these effects are far from clear, and, in many cases, there exist conflicting hypotheses among researchers. In this paper, we focus on the linear threshold model where each individual requires exposure to (potentially) mul...

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Main Authors: Acemoglu, Daron, Ozdaglar, Asuman E., Yildiz, Ercan
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:en_US
Published: Institute of Electrical and Electronics Engineers (IEEE) 2012
Online Access:http://hdl.handle.net/1721.1/72679
https://orcid.org/0000-0002-1827-1285
https://orcid.org/0000-0003-0908-7491
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author Acemoglu, Daron
Ozdaglar, Asuman E.
Yildiz, Ercan
author2 Massachusetts Institute of Technology. Department of Economics
author_facet Massachusetts Institute of Technology. Department of Economics
Acemoglu, Daron
Ozdaglar, Asuman E.
Yildiz, Ercan
author_sort Acemoglu, Daron
collection MIT
description While social networks do affect diffusion of innovations, the exact nature of these effects are far from clear, and, in many cases, there exist conflicting hypotheses among researchers. In this paper, we focus on the linear threshold model where each individual requires exposure to (potentially) multiple sources of adoption in her neighborhood before adopting the innovation herself. In contrast with the conclusions in the literature, our bounds suggest that innovations might spread further across networks with a smaller degree of clustering. We provide both analytical evidence and simulations for our claims. Finally, we propose an extension for the linear threshold model to better capture the notion of path dependence, i.e., a few minor shocks along the way could alter the course of diffusion significantly.
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spelling mit-1721.1/726792022-10-01T02:01:44Z Diffusion of innovations in social networks Acemoglu, Daron Ozdaglar, Asuman E. Yildiz, Ercan Massachusetts Institute of Technology. Department of Economics Massachusetts Institute of Technology. Laboratory for Information and Decision Systems Ozdaglar, Asuman E. Acemoglu, Daron Ozdaglar, Asuman E. While social networks do affect diffusion of innovations, the exact nature of these effects are far from clear, and, in many cases, there exist conflicting hypotheses among researchers. In this paper, we focus on the linear threshold model where each individual requires exposure to (potentially) multiple sources of adoption in her neighborhood before adopting the innovation herself. In contrast with the conclusions in the literature, our bounds suggest that innovations might spread further across networks with a smaller degree of clustering. We provide both analytical evidence and simulations for our claims. Finally, we propose an extension for the linear threshold model to better capture the notion of path dependence, i.e., a few minor shocks along the way could alter the course of diffusion significantly. Charles Stark Draper Laboratory. Independent Research and Development. University Research & Development National Science Foundation (U.S.). (Grant number SES-0729361) United States. Air Force Office of Scientific Research (Grant number FA9550-09-1-0420) United States. Air Force Office of Scientific Research. (Grant number W911NF-09-1-0556) 2012-09-13T14:01:02Z 2012-09-13T14:01:02Z 2011-12 Article http://purl.org/eprint/type/ConferencePaper 978-1-61284-799-3 978-1-61284-800-6 0743-1546 http://hdl.handle.net/1721.1/72679 Acemoglu, Daron, Asuman Ozdaglar, and Ercan Yildiz. “Diffusion of Innovations in Social Networks.” Proceedings of the 50th IEEE Conference on Decision and Control (CDC-ECC), 2011. 2329–2334. https://orcid.org/0000-0002-1827-1285 https://orcid.org/0000-0003-0908-7491 en_US http://dx.doi.org/10.1109/CDC.2011.6160999 Proceedings of the 50th IEEE Conference on Decision and Control (CDC-ECC), 2011 Creative Commons Attribution-Noncommercial-Share Alike 3.0 http://creativecommons.org/licenses/by-nc-sa/3.0/ application/pdf Institute of Electrical and Electronics Engineers (IEEE) MIT web domain
spellingShingle Acemoglu, Daron
Ozdaglar, Asuman E.
Yildiz, Ercan
Diffusion of innovations in social networks
title Diffusion of innovations in social networks
title_full Diffusion of innovations in social networks
title_fullStr Diffusion of innovations in social networks
title_full_unstemmed Diffusion of innovations in social networks
title_short Diffusion of innovations in social networks
title_sort diffusion of innovations in social networks
url http://hdl.handle.net/1721.1/72679
https://orcid.org/0000-0002-1827-1285
https://orcid.org/0000-0003-0908-7491
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