Template-type: ReDif-Paper 1.0
Author-Name: Lafond, Francois D.
Author-Email: lafond@merit.unu.edu 
Author-workplace-name: UNU-MERIT
Title: Self-organization of knowledge economies
Abstract: Suppose that homogenous agents fully consume their time to invent new
	 ideas andlearn ideas from their friends. If the social network is complete
	 and agents pick friends and ideas of friends uniformly at random, the
	 distribution of ideas popularity is an extension of the Yule-Simon
	 distribution. It has a power-law tail, with an upward or downward curvature.
	 For infinite population it converges to the Yule-Simon distribution. The
	 power law is steeper when innovation is high. Diffusion follows S-shaped
	 curves.
Keywords: innovation, diffusion, two-mode networks, cumulative advantage, quadratic
	 attachment kernel, power law, Yule-Simon distribution, generalized
	 hypergeometric distribution
Classification-JEL: D83, D85, O31, O33
Series:  UNU-MERIT Working Papers
Creation-Date: 20130101
Number: 2013-040
File-URL: https://unu-merit.nl/publications/wppdf/2013/wp2013-040.pdf
File-Format: application/pdf
File-Size: 275 kb
Handle: RePEc:unm:unumer:2013040