Economics Dictionary of Arguments

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Network homophily: Homophily in networks describes the tendency of individuals to form connections with others who share similar characteristics, interests or traits. See also social networks, filter bubbles, misinformation, communication, internet, internet culture, networks.
Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

Author Concept Summary/Quotes Sources

Rachel E. Kranton on Network Homophily - Dictionary of Arguments

Kranton I 422
Network Homophily/Bloch/Demange/Kranton: (…) homophily—the tendency for biased agents to cluster together in the same part of the social network—has a nonmonotonic influence on the spread of rumors. When homophily is low, biased agents are dispersed and do not hamper communication through the network; when homophily is high, biased agents are clustered in some areas of the network, and rumors spread without difficulties in the other areas, which only contain unbiased agents. Communication is reduced when homophily reaches intermediate levels, and small islands of biased agents can be found throughout the network. >Rumors/Sunstein
, >Misinformation/Economic theories.

Francis Bloch, Gabrielle Demange & Rachel Kranton, 2018. "Rumors And Social Networks," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 59(2), pages 421-448.

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

Kranton I
Rachel E. Kranton
Francis Bloch
Gabrielle Demange,
Rumors And Social Networks 2018

Kranton II
Rachel E. Kranton
George A. Akerlof
Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being Princeton 2011

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> Counter arguments in relation to Network Homophily

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