CORDIS Project
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This project explores the interplay between information diffusion, social network formation, and irrational decision-making. It aims to develop a comprehensive understanding of social dynamics, with potential applications in various fields including economics and social sciences.
Three aspects of social interaction shall be combined, namely the diffusion of information in a social network, the formation of social networks, and behavioural (i.e. irrational) aspects in decision making.
These three areas are crucially interdependent: 1) unwelcome information and irrational behaviour may lead to a change in a person’s circle of friends and thereby to a change in the social network;2) the network itself and the (potentially irrational) processing of information influences the…
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