Networks: An Economic Perspective

August 29, 2016 Β· Declared Dead Β· πŸ› arXiv.org

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Authors Matthew O. Jackson, Brian W. Rogers, Yves Zenou arXiv ID 1608.07901 Category physics.soc-ph Cross-listed cs.SI, q-fin.GN Citations 26 Venue arXiv.org Last Checked 3 months ago
Abstract
We discuss social network analysis from the perspective of economics. We organize the presentaion around the theme of externalities: the effects that one's behavior has on others' well-being. Externalities underlie the interdependencies that make networks interesting. 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.
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