Latent classes in exchange networks: Sets of positions with common interests

Phillip Bonacich, Elisa Jayne Bienenstock

Research output: Contribution to journalArticle

7 Scopus citations

Abstract

While it is known that positions in exchange networks are interdependent, little work has been done to develop a systematic procedure to determine the type and pattern of these interdependencies. Wording from an insight by Shubik (1984), this paper proposes a canonical form for such interdependence. The model does not depend on the existence of pre-existing categories of complementary positions, such as buyers and sellers or men and women. The model uses only network position to create classes of positions with linked fates Simulation and experimental results are presented that support this schema. These findings lay the groundwork for the study of collusion in exchange networks: members of latent classes, who share a common fate, would be likely to form coalitions when free communication exists.

Original languageEnglish (US)
Pages (from-to)1-28
Number of pages28
JournalJournal of Mathematical Sociology
Volume22
Issue number1
DOIs
StatePublished - Jan 1 1997
Externally publishedYes

ASJC Scopus subject areas

  • Algebra and Number Theory
  • Social Sciences (miscellaneous)
  • Sociology and Political Science

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