DocumentCode
3437014
Title
Diffusion of innovations in social networks
Author
Acemoglu, Daron ; Ozdaglar, Asuman ; Yildiz, Ercan
Author_Institution
Dept. of Econ., Massachusetts Inst. of Technol., Cambridge, MA, USA
fYear
2011
fDate
12-15 Dec. 2011
Firstpage
2329
Lastpage
2334
Abstract
While social networks do affect diffusion of innovations, the exact nature of these effects are far from clear, and, in many cases, there exist conflicting hypotheses among researchers. In this paper, we focus on the linear threshold model where each individual requires exposure to (potentially) multiple sources of adoption in her neighborhood before adopting the innovation herself. In contrast with the conclusions in the literature, our bounds suggest that innovations might spread further across networks with a smaller degree of clustering. We provide both analytical evidence and simulations for our claims. Finally, we propose an extension for the linear threshold model to better capture the notion of path dependence, i.e., a few minor shocks along the way could alter the course of diffusion significantly.
Keywords
Internet; social networking (online); analytical evidence; analytical simulations; innovation diffusion; linear threshold model; social networks; Analytical models; Economics; Electric shock; Social network services; Stochastic processes; Technological innovation; Upper bound;
fLanguage
English
Publisher
ieee
Conference_Titel
Decision and Control and European Control Conference (CDC-ECC), 2011 50th IEEE Conference on
Conference_Location
Orlando, FL
ISSN
0743-1546
Print_ISBN
978-1-61284-800-6
Electronic_ISBN
0743-1546
Type
conf
DOI
10.1109/CDC.2011.6160999
Filename
6160999
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