Stylized Facts Flashcards
popularity of cultural products
the popularity of cultural products in contemporary industrialized societies is highly skewed, i.e., a very small minority of books, songs, movies and art products gain incredible success, whereas the overwhelming majority gain very little
conformity in judgements
there is a tendency of people to conform to the publicly revealed judgement of the majority group in small-scale settings, even when this majority judgement is false
Werther effect
suicides reported in mass media increase the likelihood of actual suicides
conformity
there is a general human tendency to conform to the opinions and behavior of actors in their social environment
friendship paradox
people have fewer friends on average than their friends do on average
personal network size in the US
for the majority of citizens of the US, the sizes of each subsequent ego network layer - decreasing in tie strength - consist of roughly 5 alters (core) - 15 alters (sympathy) - 50 alters (affinity) - 150 alters (active) - 500 alters (total)
hubs in personal networks
the distribution of personal network size follows a power law (highly skewed, long tail), a small number of individuals (hubs) have very many social ties
transitivity tendency
your connections likely know each other as well
forbidden triad tendency
transitivity increases with tie strength. It is highly common in core networks. The more you go up to the larger layers in personal networks, the less often transitivity occurs
small-world phenomenon
in large-scale contemporary societies, two randomly chosen individuals are personally connected in only a few steps (around 5-6 steps), via their friends, acquaintances and family
group segregation
people tend to have more frequent group-bonding ties than group-bridging ties
homophily phenomenon
people prefer to interact with members from their own group as opposed to members of other groups
in-group favoritism
there is a general tendency that individuals have more positive in-group relationships than out-group relationships, as observed in research on intra- and intergroup (1) social ties, (2) attitudes and (3) trust, cooperation and solidarity
Treiman constant
occupational prestige rankings are highly similar over time, across countries and have strong agreement between raters
the one percent
the within-country stratification in income and wealth in contemporary societies is highly skewed and much of the wealth is in the hands of the top 1 percent