Abstract
A recurring theme in the study of society is the concentration of influence and power that is driven through unequal membership of groups and associations. In some instances, these bodies constitute a small world while in others they are fragmented into distinct cliques. This paper presents a new model of clubs and networks to understand the sources of individual marginalization and the origins of small and large worlds.
Original language | English (US) |
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Pages (from-to) | 52-73 |
Number of pages | 22 |
Journal | Games and Economic Behavior |
Volume | 147 |
DOIs | |
State | Published - Sep 2024 |
ASJC Scopus subject areas
- Finance
- Economics and Econometrics