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Author Goyal, Sanjeev
Title Connections : An Introduction to the Economics of Networks
Imprint Princeton : Princeton University Press, 2009
©2007
book jacket
Descript 1 online resource (273 pages)
text txt rdacontent
computer c rdamedia
online resource cr rdacarrier
Note Contents -- Acknowledgements -- 1 Introduction -- 1.1 Themes -- 1.2 Networks in Economics -- 1.3 The Economic Approach and Other Subjects -- 1.4 A Note on Style -- 2 Networks: Concepts and Empirics -- 2.1 Introduction -- 2.2 Concepts -- 2.3 Properties of Empirical Networks -- 3 Games on Networks -- 3.1 Introduction -- 3.2 General Model -- 3.3 Applications -- 3.4 Discussion of Two Assumptions -- 3.5 Concluding Remarks -- 3.6 Appendix -- 4 Coordination and Cooperation -- 4.1 Introduction -- 4.2 Coordination Games -- 4.3 Games of Conflict -- 4.4 Concluding Remarks -- 4.5 Appendix -- 5 Social Learning -- 5.1 Introduction -- 5.2 Theoretical Framework -- 5.3 Learning from Neighbors -- 5.4 Related Themes -- 5.5 Concluding Remarks -- 5.6 Appendix -- 6 Social Networks in Labor Markets -- 6.1 Introduction -- 6.2 The Social Transmission of Job Information -- 6.3 Adverse Selection and Referrals -- 6.4 The Use of Social Networks: Empirical Evidence -- 6.5 Concluding Remarks -- 6.6 Appendix -- 7 Strategic Network Formation: Concepts -- 7.1 Introduction -- 7.2 One-Sided Links -- 7.3 Two-Sided Links -- 7.4 Efficiency and Equity -- 7.5 Concluding Remarks -- 7.6 Appendix -- 8 One-Sided Link Formation -- 8.1 Introduction -- 8.2 A Simple Model of Link Formation -- 8.3 Extensions -- 8.4 Experiments and Empirical Regularities -- 8.5 Research in Other Subjects -- 8.6 Concluding Remarks -- 8.7 Appendix -- 9 Two-Sided Link Formation -- 9.1 Introduction -- 9.2 Network Formation: Four Applications -- 9.3 Stability and Efficiency -- 9.4 Unequal Degrees and Payoffs -- 9.5 Concluding Remarks -- 9.6 Appendix -- 10 Research Collaboration among Firms -- 10.1 Introduction -- 10.2 Why Extensive and Nonexclusive Links? -- 10.3 Collaboration among Competing Firms -- 10.4 Related Themes -- 10.5 Empirical Patterns -- 10.6 Concluding Remarks -- 10.7 Appendix -- References -- Index -- A
B -- C -- D -- E -- F -- G -- H -- I -- J -- L -- M -- N -- O -- P -- R -- S -- T -- U -- W
Networks pervade social and economic life, and they play a prominent role in explaining a huge variety of social and economic phenomena. Standard economic theory did not give much credit to the role of networks until the early 1990s, but since then the study of the theory of networks has blossomed. At the heart of this research is the idea that the pattern of connections between individual rational agents shapes their actions and determines their rewards. The importance of connections has in turn motivated the study of the very processes by which networks are formed. In Connections, Sanjeev Goyal puts contemporary thinking about networks and economic activity into context. He develops a general framework within which this body of research can be located. In the first part of the book he demonstrates that location in a network has significant effects on individual rewards and that, given this, it is natural that individuals will seek to form connections to move the network in their favor. This idea motivates the second part of the book, which develops a general theory of network formation founded on individual incentives. Goyal assesses the robustness of current research findings and identifies the substantive open questions. Written in a style that combines simple examples with formal models and complete mathematical proofs, Connections is a concise and self-contained treatment of the economic theory of networks, one that should become the natural source of reference for graduate students in economics and related disciplines
Description based on publisher supplied metadata and other sources
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2020. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries
Link Print version: Goyal, Sanjeev Connections : An Introduction to the Economics of Networks Princeton : Princeton University Press,c2009 9780691141183
Subject Economics, Mathematical.;Social networks -- Economic aspects.;Social networks -- Mathematical models
Electronic books
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