Networks: An economic perspective

Yves Zenou, Matthew Jackson and Brian Rogers

No 11452, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: We discuss social network analysis from the perspective of economics. We organize the presentation around the theme of externalities: the effects that one’s behavior has on others’ welfare. Externalities underlie the interdependencies that make networks interesting to social scientists. We discuss network formation, as well as interactions between peoples’ behaviors within a given network, and the implications in a variety of settings. Finally, we highlight some empirical challenges inherent in the statistical analysis of network-based data.

Keywords: Networks; Social Networks; Economic networks; Network games; Peer effects; Game theory; Network formation; Externalities (search for similar items in EconPapers)
JEL-codes: C72 D85 L14 Z13 (search for similar items in EconPapers)
Date: 2016-08
New Economics Papers: this item is included in nep-gth, nep-net, nep-pke, nep-soc and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Working Paper: Networks: An Economic Perspective (2016)
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