Networks: An Economic Perspective

Oxford Handbook of Social Network Analysis, R. Light and J. Moody (Eds.), Oxford, Oxford University Press, Forthcoming

40 Pages Posted: 29 Aug 2016

See all articles by Matthew O. Jackson

Matthew O. Jackson

Stanford University - Department of Economics; Santa Fe Institute; Canadian Institute for Advanced Research (CIFAR)

Brian Rogers

Washington University in St. Louis

Yves Zenou

Monash University - Department of Economics; Stockholm University; Research Institute of Industrial Economics (IUI); IZA Institute of Labor Economics; Centre for Economic Policy Research (CEPR)

Multiple version iconThere are 2 versions of this paper

Date Written: August 21, 2016

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

JEL Classification: D85, L14, Z13, C72

Suggested Citation

Jackson, Matthew O. and Rogers, Brian and Zenou, Yves, Networks: An Economic Perspective (August 21, 2016). Oxford Handbook of Social Network Analysis, R. Light and J. Moody (Eds.), Oxford, Oxford University Press, Forthcoming. Available at SSRN: https://ssrn.com/abstract=2827341

Matthew O. Jackson (Contact Author)

Stanford University - Department of Economics ( email )

Landau Economics Building
579 Serra Mall
Stanford, CA 94305-6072
United States
1-650-723-3544 (Phone)

HOME PAGE: http://www.stanford.edu/~jacksonm

Santa Fe Institute

1399 Hyde Park Road
Santa Fe, NM 87501
United States

Canadian Institute for Advanced Research (CIFAR) ( email )

180 Dundas Street West, Suite 1400
Toronto, Ontario
Canada

Brian Rogers

Washington University in St. Louis ( email )

One Brookings Drive
Campus Box 1208
Saint Louis, MO MO 63130-4899
United States

Yves Zenou

Monash University - Department of Economics ( email )

Australia

Stockholm University ( email )

Universitetsvägen 10
Stockholm, Stockholm SE-106 91
Sweden

Research Institute of Industrial Economics (IUI) ( email )

P.O. Box 5501
S-114 85 Stockholm
Sweden

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Register to save articles to
your library

Register

Paper statistics

Downloads
1,083
Abstract Views
2,575
rank
18,954
PlumX Metrics