• 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