TY - UNPB
T1 - The curse of centrality in weighted networks
AU - Cortes Corrales, Sebastian
AU - Rojo Arjona, David
PY - 2022
Y1 - 2022
N2 - In a wide range of economic, social, and political networks, agents allocate a finite resource, such as time, across their differently valued connections with other agents. A growing theoretical literature inves- tigates how these pre-existing weighted networks affect optimal allo- cations. This paper offers, instead, an empirical analysis identifying the effect of elements of the network on actual allocations. For that, we design a novel experiment and analyze the resulting compositional data. By focusing on conflict networks, we find that resources allo- cated against individuals with higher centrality exceed the theoretical benchmarks: the curse of centrality.
AB - In a wide range of economic, social, and political networks, agents allocate a finite resource, such as time, across their differently valued connections with other agents. A growing theoretical literature inves- tigates how these pre-existing weighted networks affect optimal allo- cations. This paper offers, instead, an empirical analysis identifying the effect of elements of the network on actual allocations. For that, we design a novel experiment and analyze the resulting compositional data. By focusing on conflict networks, we find that resources allo- cated against individuals with higher centrality exceed the theoretical benchmarks: the curse of centrality.
UR - https://www.aeaweb.org/journals/mic
M3 - Working paper
BT - The curse of centrality in weighted networks
ER -