Social Networks and the Convergence of Population Attributes: A Generalization
Analysis of social interactions has recently become an important area of economic research, and the focus of researchers in this area has increasingly shifted toward dynamic models. In one recent contribution, Brueckner and Smirnov (2006) analyze the evolution of population attributes in an exceedingly simple model where an agent’s attributes at time t are equal to the average attribute value among his acquaintances. The pattern of acquaintances in the population is determined by the social network, and Brueckner and Smirnov (BS) explore the effect of network characteristics on the convergence of population attributes over time. They show that some simple sufficient conditions on the network structure ensure convergence to a "melting-pot" equilibrium, where attributes are uniform across agents. The present paper provides a generalization of BS’s analysis, allowing for a more general form of the rule governing the evolution of population attributes. The analysis shows that BS’s previous conclusions continue to hold under this generalization, while also providing a result that can be applied more generally to other models.
|Date of creation:||May 2006|
|Date of revision:|
|Contact details of provider:|| Postal: Irvine, CA 92697-3125|
Phone: (949) 824-5788
Web page: http://www.economics.uci.edu/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- U. Horst & Jose A. Scheinkman, 2010.
"Equilibria in Systems of Social Interactions,"
Levine's Working Paper Archive
506439000000000119, David K. Levine.
- Yannis Ioannides, 2001.
"Topologies of Social Interactions,"
Discussion Papers Series, Department of Economics, Tufts University
0104, Department of Economics, Tufts University.
- Yannis M. Ioannides, 2004. "Topologies Of Social Interactions," Econometric Society 2004 North American Winter Meetings 287, Econometric Society.
- William A. Brock & Steven N. Durlauf, 2001.
"Discrete Choice with Social Interactions,"
Review of Economic Studies,
Oxford University Press, vol. 68(2), pages 235-260.
- Bisin, A. & Verdier, T., 1999.
"Beyond the Melting Pot: Cultural Transmission, Marriage, and the Evolution of Ethnic and Religious Traits,"
1999-10, Laval - Laboratoire Econometrie.
- Bisin, A. & Verdier, T., 1999. "Beyond the Melting Pot : Cultural Transmission, Marriage, and the Evolution of Ethnic and Religious Traits," DELTA Working Papers 1999-10, DELTA (Ecole normale supérieure).
- Edward L. Glaeser & Jose Scheinkman, 2000.
NBER Working Papers
8053, National Bureau of Economic Research, Inc.
- Edward L. Glaeser & Jose A. Scheinkman, 2001. "Non-Market Interactions," Harvard Institute of Economic Research Working Papers 1914, Harvard - Institute of Economic Research.
- Bisin, Alberto & Horst, Ulrich & Ozgur, Onur, 2006. "Rational expectations equilibria of economies with local interactions," Journal of Economic Theory, Elsevier, vol. 127(1), pages 74-116, March.
- Bisin, Alberto & Verdier, Thierry, 2001.
"The Economics of Cultural Transmission and the Dynamics of Preferences,"
Journal of Economic Theory,
Elsevier, vol. 97(2), pages 298-319, April.
- Bisin, A. & Verdier, T., 1997. "The Economics of Cultural Transmission and the Dynamics of Preferences," DELTA Working Papers 97-03, DELTA (Ecole normale supérieure).
When requesting a correction, please mention this item's handle: RePEc:irv:wpaper:050630. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jennifer dos Santos)
If references are entirely missing, you can add them using this form.