Econometric Models of Network Formation

Aureo de Paula

No 14304, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This article provides a selective review on the recent literature on econometric models of network formation. The survey starts with a brief exposition on basic concepts and tools for the statistical description of networks. I then offer a review of dyadic models, focussing on statistical models on pairs of nodes and describe several developments of interest to the econometrics literature. The article also presents a discussion of non- dyadic models where link formation might be influenced by the presence or absence of additional links, which themselves are subject to similar influences. This is related to the statistical literature on conditionally specified models and the econometrics of game theoretical models. I close with a (non-exhaustive) discussion of potential areas for further development.

Keywords: Network econometrics; Dyadic models; Strategic network formation models (search for similar items in EconPapers)
Date: 2020-01
New Economics Papers: this item is included in nep-net
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Citations: View citations in EconPapers (36)

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Related works:
Journal Article: Econometric Models of Network Formation (2020)
Working Paper: Econometric Models of Network Formation (2020)
Working Paper: Econometric Models of Network Formation (2020)
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