In:
PLOS ONE, Public Library of Science (PLoS), Vol. 18, No. 5 ( 2023-5-31), p. e0286369-
Abstract:
The literature on social learning examines how people learn from their neighbors and reach a consensus. The DeGroot social learning model describes the social learning process as one in which people form their opinions by taking a weighted average of their neighbors’ opinions. In the model, the influence structure is represented by a single matrix. In this paper, we empirically identify the role of the hub and authority centralities based on this matrix using data on microfinance adoption in rural Indian villages. Controlling for other well-known centrality measures, authority centrality is positively associated with final adoption rates in the villages, but hub centrality is not. Furthermore, we find that authority centrality is the most informative variable predicting microfinance diffusion success from LASSO regressions.
Type of Medium:
Online Resource
ISSN:
1932-6203
DOI:
10.1371/journal.pone.0286369
DOI:
10.1371/journal.pone.0286369.g001
DOI:
10.1371/journal.pone.0286369.g002
DOI:
10.1371/journal.pone.0286369.g003
DOI:
10.1371/journal.pone.0286369.g004
DOI:
10.1371/journal.pone.0286369.g005
DOI:
10.1371/journal.pone.0286369.t001
DOI:
10.1371/journal.pone.0286369.t002
DOI:
10.1371/journal.pone.0286369.t003
DOI:
10.1371/journal.pone.0286369.s001
DOI:
10.1371/journal.pone.0286369.s002
Language:
English
Publisher:
Public Library of Science (PLoS)
Publication Date:
2023
detail.hit.zdb_id:
2267670-3
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