Galeotti, Andrea and Goyal, Sanjeev (2012) 'Network Multipliers: The Optimality of Targeting Neighbors.' Review of Network Economics, 11 (3). ISSN 2194-5993
Full text not available from this repository.Abstract
A firm wishes to inform a community of individuals about its product. Information travels within the community because of the social interactions between individuals. We establish that social interactions appear in a firm's payoff as a network multiplier, which is increasing both in the mean and in the variance of the distribution of connections. We then show that the degree distribution of a neighbor first order dominates the degree distribution of a node; so a firm must pick the neighbor of a node rather than a node itself as the target of communication. The advantages of employing an indirect communication strategy are greater in more dispersed networks. © 2012 De Gruyter.
Item Type: | Article |
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Uncontrolled Keywords: | Social interactions; network multiplier; targeting neighbors |
Subjects: | H Social Sciences > HB Economic Theory |
Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Economics, Department of |
SWORD Depositor: | Elements |
Depositing User: | Elements |
Date Deposited: | 30 Jan 2014 11:27 |
Last Modified: | 15 Jan 2022 00:26 |
URI: | http://repository.essex.ac.uk/id/eprint/8671 |
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