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- Title
Structural Holes in Social Networks with Exogenous Cliques.
- Authors
Rubí-Barceló, Antoni
- Abstract
It has been empirically shown that structural holes in social networks enable potential large benefits to those individuals who bridge them (Burt, 2004). The work in Goyal and Vega-Redondo (2007) shows that the large payoff differentials caused by structural holes can persist even when agents strategically add and remove ties to smooth those differentials, thereby providing a game-theoretic rationale for the existence of bridge-agents. The present paper ties back to the initial empirical literature by explicitly assuming that agents are exogenously linked forming cliques, as in a firm environment. In this setting, bridge-agents cannot be sustained under the same conditions of Goyal and Vega-Redondo (2007). Instead, they can be sustained when the deviation possibilities are restricted and only when they connect small groups of agents to the rest.
- Subjects
SOCIAL network analysis; CLIQUES (Sociology); VEGA-Redondo, Fernando; GAME theory; INTERMEDIATION (Finance)
- Publication
Games (20734336), 2017, Vol 8, Issue 3, p32
- ISSN
2073-4336
- Publication type
Article
- DOI
10.3390/g8030032