We discuss the in uence of information contagion on the dynamics of choices in social networks of heterogeneous buyers. Starting from an inhomogeneous cellular automata model of buyers dynamics, we show that when agents try to adjust their reservation price, the tatonnement process does not converge
Social connectedness and community adjustment
β Scribed by George J. Wierig JR.; Richard J. Robertson
- Publisher
- John Wiley and Sons
- Year
- 1972
- Tongue
- English
- Weight
- 175 KB
- Volume
- 28
- Category
- Article
- ISSN
- 0021-9762
No coin nor oath required. For personal study only.
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