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'''Organizers:''' [http://www.santafe.edu/~girvan/ Michelle Girvan] (University of Maryland) and [http://www.santafe.edu/~aaronc/ Aaron Clauset] (Santa Fe Institute)
 
'''Organizers:''' [http://www.santafe.edu/~girvan/ Michelle Girvan] (University of Maryland) and [http://www.santafe.edu/~aaronc/ Aaron Clauset] (Santa Fe Institute)
  
===Friday, January 12, 2008===
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===Friday, January 11, 2008===
  
 
3:10 - 3:50 '''Matthew O. Jackson''' ([http://www.stanford.edu/~jacksonm/ homepage])
 
3:10 - 3:50 '''Matthew O. Jackson''' ([http://www.stanford.edu/~jacksonm/ homepage])

Latest revision as of 22:34, 3 January 2008

Workshop Navigation


Is There a Physics of Society? January 10-12, 2008, Santa Fe NM

Organizers: Michelle Girvan (University of Maryland) and Aaron Clauset (Santa Fe Institute)

Friday, January 11, 2008

3:10 - 3:50 Matthew O. Jackson (homepage)

An Economic Model of Friendships: Understanding the Roles of Choice and Chance in Social Network Formation

Both opportunity and preferences matter in social network formation. By examining an economic model of friendship formation that incorporates both choice in which relationships to form and chance meetings, we can sort out the relative roles of these two factors in determining social network structure. The model is used to understand three empirical patterns of friendship formation across different racial groups in U.S. high schools: (i) larger groups tend to form more same-race friendships and fewer cross-race friendships than small groups, (ii) larger groups form more friendships per capita, and (iii) the most extreme bias towards own-race friendships is exhibited by middle-sized groups. It is shown that these empirical observations can sorted according to whether they are driven by choice or chance.