Los mercados de opinión pública
[The markets of public opinion]
This paper proposes a central idea in diffusion research is that influential –a minority of individuals who influence an exceptional number of their peers- are important to formation of public opinion. Here we examine this idea, which we call the “influential hypothesis”, using the experiments of Watts-Salganik-Dodds in computer simulation of interpersonal influence processes with the works of Herbert Simon in “Bounded Rationality”. Under most conditions that we consider, we find that large cascades of influence are driven not by influential, but by a critical mass of easily influenced individuals. Although our results do no exclude the possibility that influential can be important, they suggest that the influential hypothesis requires more careful specification and testing than it has received.
|Date of creation:||19 Jan 2010|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
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- Minkes, A. L. & Foxall, Gordon R., 2003. "Herbert Simon and the concept of dispersed entrepreneurship," Journal of Economic Psychology, Elsevier, vol. 24(2), pages 221-228, April.
- Simon, Herbert A., 2000. "Barriers and bounds to Rationality," Structural Change and Economic Dynamics, Elsevier, vol. 11(1-2), pages 243-253, July.
- Massimo Egidi & Luigi Marengo, 2002. "Cognition, institutions, near decomposability: rethinking Herbert Simon's contribution," CEEL Working Papers 0206, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
- Langlois, Richard N., 2003.
"Cognitive comparative advantage and the organization of work: Lessons from Herbert Simon's vision of the future,"
Journal of Economic Psychology,
Elsevier, vol. 24(2), pages 167-187, April.
- Richard N. Langlois, 2002. "Cognitive Comparative Advantage and the Organization of Work: Lessons from Herbert Simon's Vision of the Future," Working papers 2002-20, University of Connecticut, Department of Economics.
- Galam, Serge & Vignes, Annick, 2005. "Fashion, novelty and optimality: an application from Physics," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 351(2), pages 605-619.
- Simon, Herbert A, 1979. "Rational Decision Making in Business Organizations," American Economic Review, American Economic Association, vol. 69(4), pages 493-513, September.
- Simon, Herbert A., 1978. "Rational Decision-Making in Business Organizations," Nobel Prize in Economics documents 1978-1, Nobel Prize Committee.
- Simon, Herbert A., 1984. "On the behavioral and rational foundations of economic dynamics," Journal of Economic Behavior & Organization, Elsevier, vol. 5(1), pages 35-55, March.
- Kaufman, Bruce E., 1999. "Emotional arousal as a source of bounded rationality," Journal of Economic Behavior & Organization, Elsevier, vol. 38(2), pages 135-144, February.
- Herbert A. Simon, 1991. "Organizations and Markets," Journal of Economic Perspectives, American Economic Association, vol. 5(2), pages 25-44, Spring. Full references (including those not matched with items on IDEAS)
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