IDEAS home Printed from https://ideas.repec.org/p/jhu/papers/437.html
   My bibliography  Save this paper

The Diffusion of Innovations in Social Networks

Author

Listed:
  • H Peyton Young

Abstract

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 We characterize the long-run dynamics of such processes in terms of the geometry of the network but without placing a priori restrictions on the network structure When agents interact in sufficiently small close-knit groups the expected waiting time until almost everyone is playing the stochastically stable equilibrium is bounded above independently of the number of agents and independently of the initial state

Suggested Citation

  • H Peyton Young, 2000. "The Diffusion of Innovations in Social Networks," Economics Working Paper Archive 437, The Johns Hopkins University,Department of Economics.
    • Handle: RePEc:jhu:papers:437
    as

    Download full text from publisher

    File URL: http://www.econ2.jhu.edu/REPEC/papers/el3.pdf
    Download Restriction: no
    ---><---

    Citations

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


    Cited by:

    1. Floortje Alkemade & Carolina Castaldi, 2005. "Strategies for the Diffusion of Innovations on Social Networks," Computational Economics, Springer;Society for Computational Economics, vol. 25(1), pages 3-23, February.
    2. Huanxiu GUO & Mary-Françoise RENARD, 2013. "Social activity and collective action for agricultural innovation: a case study of New Rural Reconstruction in China," Working Papers 201306, CERDI.
    3. Istrate, Gabriel & Marathe, Madhav V. & Ravi, S.S., 2008. "Adversarial scheduling analysis of Game-Theoretic Models of Norm Diffusion," MPRA Paper 8170, University Library of Munich, Germany.
    4. Haitao Li & Xueying Ding & Qiqi Yang & Yingrui Zhou, 2018. "Algebraic Formulation and Nash Equilibrium of Competitive Diffusion Games," Dynamic Games and Applications, Springer, vol. 8(2), pages 423-433, June.
    5. Flores Díaz, Ramón Jesús & Koster, Maurice & Lindner, Ines & Molina, Elisenda, 2010. "Networks and collective action," DES - Working Papers. Statistics and Econometrics. WS ws104830, Universidad Carlos III de Madrid. Departamento de Estadística.
    6. Allen wilhite, 2005. "PD Games on Networks," Computing in Economics and Finance 2005 20, Society for Computational Economics.
    7. Lelarge, Marc, 2012. "Diffusion and cascading behavior in random networks," Games and Economic Behavior, Elsevier, vol. 75(2), pages 752-775.
    8. Soumya Paul & R. Ramanujam, 2013. "Dynamics Of Choice Restriction In Large Games," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 15(04), pages 1-22.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:jhu:papers:437. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Humphrey Muturi (email available below). General contact details of provider: https://edirc.repec.org/data/dejhuus.html .

    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.