The Diffusion of Innovations in Social Networks.

We consider processes in which new technologies and forms of behavior are transmitted through social and geographic networks. Agents adopt behaviors based on a combination of their inherent payoff and their local popularity (the number of neighbors who have adopted them) subject to some random error...

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Bibliographic Details
Main Author: Young, H
Format: Working paper
Language:English
Published: Department of Economics (Johns Hopkins University) 2000