The Economics Of Networks
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Connections
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Author : Sanjeev Goyal
language : en
Publisher: Princeton University Press
Release Date : 2012-01-12
Connections written by Sanjeev Goyal and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-12 with Business & Economics categories.
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.
The Economics Of Networks
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Author : Mark Casson
language : en
Publisher: Edward Elgar Publishing
Release Date : 2008
The Economics Of Networks written by Mark Casson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
Networks have a widespread economic significance. They structure the way that market traders interact and configure relations within and between social groups, urban centres and nation states. This work on the economics of networks is suitable for researchers in microeconomics, spatial and business economics.
The Oxford Handbook Of The Economics Of Networks
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Author : Yann Bramoullé
language : en
Publisher: Oxford University Press
Release Date : 2016
The Oxford Handbook Of The Economics Of Networks written by Yann Bramoullé and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Business & Economics categories.
The Oxford Handbook of the Economics of Networks represents the frontier of research into how and why networks they form, how they influence behavior, how they help govern outcomes in an interactive world, and how they shape collective decision making, opinion formation, and diffusion dynamics. From a methodological perspective, the contributors to this volume devote attention to theory, field experiments, laboratory experiments, and econometrics. Theoretical work in network formation, games played on networks, repeated games, and the interaction between linking and behavior is synthesized. A number of chapters are devoted to studying social process mediated by networks. Topics here include opinion formation, diffusion of information and disease, and learning. There are also chapters devoted to financial contagion and systemic risk, motivated in part by the recent financial crises. Another section discusses communities, with applications including social trust, favor exchange, and social collateral; the importance of communities for migration patterns; and the role that networks and communities play in the labor market. A prominent role of networks, from an economic perspective, is that they mediate trade. Several chapters cover bilateral trade in networks, strategic intermediation, and the role of networks in international trade. Contributions discuss as well the role of networks for organizations. On the one hand, one chapter discusses the role of networks for the performance of organizations, while two other chapters discuss managing networks of consumers and pricing in the presence of network-based spillovers. Finally, the authors discuss the internet as a network with attention to the issue of net neutrality.
The Economics Of Networks
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Author : Patrick Cohendet
language : en
Publisher: Springer
Release Date : 2012-02-24
The Economics Of Networks written by Patrick Cohendet and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-02-24 with Business & Economics categories.
The economic concept of networks refers to the structure of agents` interaction as well as to the economic property of positive externalities. This book describes the economics of networks from various perspectives among which are classical approaches, methods derived from physics, theory of evolutionary games, and experimental economics. These different views shed a new light on the behaviour and interaction of economic agents, on networks and on related phenomena: e.g., emergence of stable macro structures from micro interactions, standardisation, diffusion, preservation of diversity, role of heterogeneity, local learning, surplus creation and surplus allocation. The book presents the state of the art and offers a unique opportunity to understand specific networks phenomena through different theoretical and experimental approaches.
Networks
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Author : Sanjeev Goyal
language : en
Publisher: MIT Press
Release Date : 2023-04-18
Networks written by Sanjeev Goyal and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-04-18 with Business & Economics categories.
An accessible and comprehensive overview of the economic theory and the realities of networks written by a pioneering economics researcher. Networks are everywhere: the infrastructure that brings water into our homes, the social networks made up of our friends and families, the supply chains connecting cities, people, and goods. These interconnections contain economic trade-offs: for example, should an airline operate direct flights between cities or route all its flights through a hub? Viewing networks through an economics lens, this textbook considers the costs and benefits that govern their formation and functioning. Networks are central to an understanding of the production, consumption, and information that lie at the heart of economic activity. Sanjeev Goyal provides advanced undergraduate and graduate students with an accessible and comprehensive introduction to the economics research on networks of the past twenty-five years. Each chapter introduces a theoretical model illustrated with the help of case studies and formal proofs. After introducing the theoretical concepts, Goyal examines economic networks, including infrastructure, security, market power, and financial networks. He then covers social networks, with chapters on coordinating activity, communication and learning, information networks, epidemics, and impersonal markets. Finally, Goyal locates social and economic networks in a broader context covering networked markets, economic development, trust, and group networks in their relation to markets and the state. First textbook to provide a broad and comprehensive overview of twenty-first-century economic theory of networks Features engaging case studies and accessible exercises Written by a pioneering economics researcher
Social And Economic Networks
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Author : Matthew O. Jackson
language : en
Publisher: Princeton University Press
Release Date : 2010-11-01
Social And Economic Networks written by Matthew O. Jackson and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-01 with Business & Economics categories.
Networks of relationships help determine the careers that people choose, the jobs they obtain, the products they buy, and how they vote. The many aspects of our lives that are governed by social networks make it critical to understand how they impact behavior, which network structures are likely to emerge in a society, and why we organize ourselves as we do. In Social and Economic Networks, Matthew Jackson offers a comprehensive introduction to social and economic networks, drawing on the latest findings in economics, sociology, computer science, physics, and mathematics. He provides empirical background on networks and the regularities that they exhibit, and discusses random graph-based models and strategic models of network formation. He helps readers to understand behavior in networked societies, with a detailed analysis of learning and diffusion in networks, decision making by individuals who are influenced by their social neighbors, game theory and markets on networks, and a host of related subjects. Jackson also describes the varied statistical and modeling techniques used to analyze social networks. Each chapter includes exercises to aid students in their analysis of how networks function. This book is an indispensable resource for students and researchers in economics, mathematics, physics, sociology, and business.
Economic Networks
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Author : David Knoke
language : en
Publisher: John Wiley & Sons
Release Date : 2014-01-21
Economic Networks written by David Knoke and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-21 with Social Science categories.
Social relations are crucial for understanding diverse economic actions and a network perspective is central to that explanation. Simple exchanges involving money, labor, and commodities combine into complexly connected systems. Economic networks span many levels of analysis, from persons (consumers, employees), to groups (households, workteams), organizations (corporations, interest groups), populations (industries, markets) and the rapidly expanding global economic system. David Knoke blends network theories from a range of disciplines and empirical studies of domestic and international economies to illuminate how economic activity is embedded in and constrained by social ties among economic actors. Social capital, in the form of connections to others holding valuable resources, is vital for finding a job, buying a car, creating a new industry, or triggering a global financial crisis. In nontechnical terms the author explicates the core network concepts, measures, and analysis methods behind these phenomena. The book also includes many striking network diagrams to provide visual insights into complex structural patterns. This accessible book offers an invaluable critique for both undergraduate and graduate students in economic sociology and social network analysis courses who seek a better understanding of the multifaceted economic webs in which we are all entangled.
The Economics Of Information Networks
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Author : Cristiano Antonelli
language : en
Publisher: North Holland
Release Date : 1992
The Economics Of Information Networks written by Cristiano Antonelli and has been published by North Holland this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.
Provided in this book is a penetrating analysis of the broad array of the changes that generation, introduction and diffusion of a wave of radical innovations such as new information technologies and advanced telecommunications produce on industrial structures, corporate organization and firms behavior. The major contribution of the book lies in highlighting the role of factors such as technological, pecuniary, adoption, demand and network factors as a general conceptual framework for analysing technological change. Building on this theoretical framework, the book shows how cooperation among firms emerges as the distinctive feature of the new models of industrial organization. Interdependence between firms in fact is more and more shaped by networks of complementarities, localized spillovers and learning opportunities. In the conclusion the policy implications for assessing the evolution of network technologies with special reference to advanced telecommunications are consequently analyzed and developed.
Patterns Of A Network Economy
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Author : Börje Johansson
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Patterns Of A Network Economy written by Börje Johansson and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Network economics is a new, rapidly developing field. In this volume theoretical and empirical contributions are collected, each deals with different aspects of the network economy. The book assesses networks as a complement to pure market relations and studies innovation networks and strategic alliances among innovative corporations. Product differentiation and specialization in reciprocal networks are emphasised as a strategy of sustainable development. The book presents econometric methods of barrier and network analysis, including communication and trade patterns.
The Economics Of Network Industries
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Author : Oz Shy
language : en
Publisher: Cambridge University Press
Release Date : 2001-01-08
The Economics Of Network Industries written by Oz Shy and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-01-08 with Business & Economics categories.
This book introduces upper-level undergraduates to network economics, the fastest-growing area of industry.