Recently, there has been increasing interest in determining which social network structures emerge as a consequence of the conscious actions of actors. Motivated by the belief that "networks matter" in reaching personal objectives, it is a natural assumption that actors try to optimize their network
Co-evolution of conventions and networks: An experimental study
β Scribed by Rense Corten; Vincent Buskens
- Publisher
- Elsevier Science
- Year
- 2010
- Tongue
- English
- Weight
- 618 KB
- Volume
- 32
- Category
- Article
- ISSN
- 0378-8733
No coin nor oath required. For personal study only.
β¦ Synopsis
We study the emergence of conventions in dynamic networks experimentally. Conventions are modeled in terms of coordination games in which actors can choose both their behavior and their interaction partners. We study how macro-level outcomes of the process in terms of Pareto-efficiency and heterogeneity depend on initial conditions. Moreover, we examine the underlying processes at the microlevel. Predictions are derived from a game-theoretic model which is applied to our experimental conditions by means of computer simulation. The results provide mixed support for the macro-level hypotheses, and indicate possible directions to improve the model at the micro level.
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