IDEAS home Printed from https://ideas.repec.org/a/bpj/rneart/v11y2012i3n9.html
   My bibliography  Save this article

Does Homophily Predict Consensus Times? Testing a Model of Network Structure via a Dynamic Process

Author

Listed:
  • Golub Benjamin

    (Harvard University and Massachusetts Institute of Technology)

  • Jackson Matthew O.

    (Stanford University, Santa Fe Institute, and CIFAR)

Abstract

We test theoretical results from Golub and Jackson (2012a), which are based on a random network model, regarding time to convergence of a learning/behavior-updating process. In particular, we see how well those theoretical results match the process when it is simulated on empirically observed high school friendship networks. This tests whether a parsimonious random network model mimics real-world networks with regard to predicting properties of a class of behavioral processes. It also tests whether our theoretical predictions for asymptotically large societies are accurate when applied to populations ranging from thirty to three thousand individuals. We find that the theoretical results account for more than half of the variation in convergence times on the real networks. We conclude that a simple multi-type random network model with types defined by simple observable attributes (age, sex, race) captures aspects of real networks that are relevant for a class of iterated updating processes.

Suggested Citation

  • Golub Benjamin & Jackson Matthew O., 2012. "Does Homophily Predict Consensus Times? Testing a Model of Network Structure via a Dynamic Process," Review of Network Economics, De Gruyter, vol. 11(3), pages 1-31, September.
  • Handle: RePEc:bpj:rneart:v:11:y:2012:i:3:n:9
    DOI: 10.1515/1446-9022.1367
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/1446-9022.1367
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.

    File URL: https://libkey.io/10.1515/1446-9022.1367?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Bramoullé, Yann & Djebbari, Habiba & Fortin, Bernard, 2009. "Identification of peer effects through social networks," Journal of Econometrics, Elsevier, vol. 150(1), pages 41-55, May.
    2. Jadbabaie, Ali & Molavi, Pooya & Sandroni, Alvaro & Tahbaz-Salehi, Alireza, 2012. "Non-Bayesian social learning," Games and Economic Behavior, Elsevier, vol. 76(1), pages 210-225.
    3. Corazzini, Luca & Pavesi, Filippo & Petrovich, Beatrice & Stanca, Luca, 2012. "Influential listeners: An experiment on persuasion bias in social networks," European Economic Review, Elsevier, vol. 56(6), pages 1276-1288.
    4. Antoni Calvó-Armengol & Eleonora Patacchini & Yves Zenou, 2009. "Peer Effects and Social Networks in Education," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(4), pages 1239-1267.
    5. Sergio Currarini & Matthew O. Jackson & Paolo Pin, 2009. "An Economic Model of Friendship: Homophily, Minorities, and Segregation," Econometrica, Econometric Society, vol. 77(4), pages 1003-1045, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Andrea Galeotti & Benjamin Golub & Sanjeev Goyal & Rithvik Rao, 2021. "Discord and Harmony in Networks," Papers 2102.13309, arXiv.org.
    2. Jackson, Matthew O. & Zenou, Yves, 2015. "Games on Networks," Handbook of Game Theory with Economic Applications,, Elsevier.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yann Algan & Quoc-Anh Do & Nicolò Dalvit & Alexis Le Chapelain & Yves Zenou, 2015. "How Social Networks Shape Our Beliefs: A Natural Experiment among Future French Politicians," Working Papers hal-03459820, HAL.
    2. repec:hal:spmain:info:hdl:2441/78vacv4udu92eq3fec89svm9uv is not listed on IDEAS
    3. Áureo de Paula, 2015. "Econometrics of network models," CeMMAP working papers CWP52/15, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    4. Lorenzo Cappellari & Konstantinos Tatsiramos, 2010. "Friends’ Networks and Job Finding Rates," DISCE - Quaderni dell'Istituto di Economia dell'Impresa e del Lavoro ieil0059, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    5. Patacchini, Eleonora & Rainone, Edoardo & Zenou, Yves, 2017. "Heterogeneous peer effects in education," Journal of Economic Behavior & Organization, Elsevier, vol. 134(C), pages 190-227.
    6. Cuhadaroglu, Tugce, 2015. "Choosing on Influence," SIRE Discussion Papers 2015-59, Scottish Institute for Research in Economics (SIRE).
    7. ÖZGÜR, Onur & BISIN, Alberto, 2011. "Dynamic Linear Economies with Social Interactions," Cahiers de recherche 04-2011, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    8. Nicola Campigotto & Chiara Rapallini & Aldo Rustichini, 2022. "School friendship networks, homophily and multiculturalism: evidence from European countries," Journal of Population Economics, Springer;European Society for Population Economics, vol. 35(4), pages 1687-1722, October.
    9. Anton Badev, 2014. "Discrete Games in Endogenous Networks: Theory and Policy," 2014 Meeting Papers 901, Society for Economic Dynamics.
    10. Chih-Sheng Hsieh & Stanley I. M. Ko & Jaromír Kovářík & Trevon Logan, 2018. "Non-Randomly Sampled Networks: Biases and Corrections," NBER Working Papers 25270, National Bureau of Economic Research, Inc.
    11. Tugce Cuhadaroglu, 2015. "Choosing on Influence," Discussion Paper Series, School of Economics and Finance 201504, School of Economics and Finance, University of St Andrews.
    12. Yann Algan & Quoc-Anh Do & Nicolò Dalvit & Alexis Le Chapelain & Yves Zenou, 2015. "How Social Networks Shape Our Beliefs: A Natural Experiment among Future French Politicians," Working Papers hal-03459820, HAL.
    13. Cuhadaroglu, Tugce, 2015. "Choosing on Influence," 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon TN 2015-59, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    14. Zenou, Yves & Biavaschi, Costanza & Giulietti, Corrado, 2021. "Social Networks and (Political) Assimilation in the Age of Mass Migration," CEPR Discussion Papers 16182, C.E.P.R. Discussion Papers.
    15. Tatsiramos, Konstantinos & Cappellari, Lorenzo, 2011. "Friends’ networks and job finding rates," ISER Working Paper Series 2011-21, Institute for Social and Economic Research.
    16. Alice Battiston & Sophie Hedges & Thomas Lazarowicz & Stefan Speckesser, 2020. "Peer Effects and Social Influence in Post-16 Educational Choice," CVER Research Papers 025, Centre for Vocational Education Research.
    17. Guo, Juncong & Qu, Xi, 2022. "Competition in household human capital investments: Strength, motivations and consequences," Journal of Development Economics, Elsevier, vol. 158(C).
    18. Tiziano Arduini & Eleonora Patacchini & Edoardo Rainone, 2020. "Treatment Effects With Heterogeneous Externalities," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 38(4), pages 826-838, October.
    19. Buechel, Berno & Hellmann, Tim & Klößner, Stefan, 2015. "Opinion dynamics and wisdom under conformity," Journal of Economic Dynamics and Control, Elsevier, vol. 52(C), pages 240-257.
    20. Magnus A. H. Gulbrandsen, 2021. "Peer effects and debt accumulation: Evidence from lottery winnings," Working Paper 2021/10, Norges Bank.
    21. Mathieu Lambotte & Sandrine Mathy & Anna Risch & Carole Treibich, 2022. "Spreading active transportation: peer effects and key players in the workplace," Working Papers 2022-02, Grenoble Applied Economics Laboratory (GAEL).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:rneart:v:11:y:2012:i:3:n:9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.