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Yes, this is indeed interesting. The URL to the paper of Arrow &
Borzekowski is:

http://www.federalreserve.gov/pubs/feds/2004/200441/200441pap.pdf

Related work and simulations for referral networks and labor markets have
been done by many. For example: Calvo-Armengol, Mat Jackson, Tassier, Menczer etc.

Best,

--Moses

  M.A. Boudourides
  Associate Professor

  Department of Mathematics
  University of Patras
  265 00 Rio-Patras
  Greece

  Tel.: +30-2610-996318
  Fax:  +30-2610-996318, +30-2610-992965

  http://www.math.upatras.gr/~mboudour


On Sun, 22 Aug 2004, Valdis wrote:

> *****  To join INSNA, visit http://www.sfu.ca/~insna/  *****
>
> The INSNA community has known the tie between networks and pay for a
> while...
>
> Valdis
>
>
> > August 22, 2004
> >
> > ECONOMIC VIEW
> >
> > It's Who You Know. Really.
> >
> > By DANIEL GROSS
> > [...]

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