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Economic Analyses of Social Networks
This comprehensive two-volume set brings together important contributions providing fundamental economic analyses of social networks and the central roles they play in many facets of our lives.
More Information
Critical Acclaim
Contributors
Contents
More Information
This comprehensive two-volume set brings together important contributions providing fundamental economic analyses of social networks and the central roles they play in many facets of our lives. The first volume consists of classic articles that model network formation and games on networks, as well as those on the identification of peer effects from an econometric viewpoint. The second volume provides empirical analyses of network effects on labor, education, development, crime and industrial organization, as well as some laboratory and field experiments.
This set of indispensable papers, with an original introduction by the editors, will prove an essential tool to researchers, scholars and practitioners involved in this field.
This set of indispensable papers, with an original introduction by the editors, will prove an essential tool to researchers, scholars and practitioners involved in this field.
Critical Acclaim
‘The economic importance of social interactions not mediated by the market has long been recognized. However, it is only the emergence of network analysis that has supplied a useful method of study. The editors have performed a signal service by their anthology of important articles. They have covered all the major studies and represented well the rapid emergence of a new and important field, to which they have been among the most significant contributors.’
– Kenneth Arrow, Stanford University, US
– Kenneth Arrow, Stanford University, US
Contributors
60 articles, dating from 1975 to 2012
Contributors include: D. Acemoglu, Y. Bramoullé, A. Calvó-Armengol, M. Fafchamps, S. Goyal, M. Granovetter, R. Kranton, C. Manski, R. Myerson, L. Yariv
Contributors include: D. Acemoglu, Y. Bramoullé, A. Calvó-Armengol, M. Fafchamps, S. Goyal, M. Granovetter, R. Kranton, C. Manski, R. Myerson, L. Yariv
Contents
Contents:
Volume I: Theory
ACKNOWLEDGMENTS
INTRODUCTION Matthew O. Jackson and Yves Zenou
PART I MODELS OF NETWORK FORMATION
1. Robert J. Aumann and Roger B. Myerson (1988), ‘Endogenous Formation of Links Between Players and of Coalitions: An Application of the Shapley Value’
2. Matthew O. Jackson and Asher Wolinsky (1996), ‘A Strategic Model of Social and Economic Networks’
3. Bhaskar Dutta and Suresh Mutuswami (1997), ‘Stable Networks’
4. Venkatesh Bala and Sanjeev Goyal (2000), ‘A Noncooperative Model of Network Formation’
5. William A. Brock and Steven N. Durlauf (2001), ‘Discrete Choice with Social Interactions’
6. Matthew O. Jackson and Alison Watts (2002) ‘The Evolution of Social and Economic Networks’
7. Matthew O. Jackson and Alison Watts (2002), ‘On the Formation of Interaction Networks in Social Coordination Games’
8. Bhaskar Dutta, Sayantan Ghosal and Debraj Ray (2005), ‘Farsighted Network Formation’
9. Frank H. Page Jr., Myrna H. Wooders and Samir Kamat (2005), ‘Networks and Farsighted Stability’
10. Matthew O. Jackson and Brian W. Rogers (2007), ‘Meeting Strangers and Friends of Friends: How Random are Social Networks?’
11. Sergio Currarini, Matthew O. Jackson and Paolo Pin (2009), ‘An Economic Model of Friendship: Homophily, Minorities and Segregation’
PART II MODELS OF GAMES AND BEHAVIOR ON NETWORKS
12. Robert B. Myerson (1977), ‘Graphs and Cooperation in Games’
13. Rohit Parikh and Paul Krasucki (1990), ‘Communication, Consensus and Knowledge’
14. Venkatesh Bala and Sanjeev Goyal (1998), ‘Learning from Neighbours’
15. Stephen Morris (2000), ‘Contagion’
16. Michael Suk-Young Chwe (2000), ‘Communication and Coordination in Social Networks’
17. Peter M. Demarzo, Dimitri Vayanos and Jeffrey Zwiebel (2003), ‘Persuasion Bias, Social Influence, and Unidimensional Opinions’
18. Margarida Corominas-Bosch (2004), ‘Bargaining in a Network of Buyers and Sellers’
19. Coralio Ballester, Antonio Calvó-Armengol and Yves Zenou (2006), ‘Who’s Who in Networks: Wanted: The Key Player’
20. Yann Bramoullé and Rachel Kranton (2007), ‘Public Goods in Networks’
21. Matthew O. Jackson and Leeat Yariv (2007), ‘Diffusion of Behavior and Equilibrium Properties in Network Games’
22. Dunia López-Pintado (2008), ‘Diffusion in Complex Social Situations’
23. Andrea Galeotti, Sanjeev Goyal, Matthew O. Jackson, Fernando Vega-Redondo and Leeat Yariv (2010), ‘Network Games’
24. Benjamin Golub and Matthew O. Jackson (2010), ‘Naïve Learning in Social Networks and the Wisdom of Crowds’
25. Andrea Galeotti and Sanjeev Goyal (2010), ‘The Law of the Few’
26. Antonio Cabrales, Antoni Calvó-Armengol and Yves Zenou (2011), ‘Social Interactions and Spillovers’
27. Daron Acemoglu, Munther A. Dahleh, Ilan Lobel and Asuman Ozdaglar (2011), ‘Bayesian Learning in Social Networks’
28. Syngjoo Choi, Douglas Gale, Shachar Kariv and Thomas Palfrey (2011), ‘Network Architecture, Salience and Coordination’
29. Jeanne Hagenbach and Frédéric Koessler (2010), ‘Strategic Communication Networks’
PART III ECONOMETRICS
30. Charles F. Manski (1993), ‘Identification of Endogenous Social Effects: The Reflection Problem’
31. Lung Fei Lee (2007), ‘Identification and Estimation of Econometric Models with Group Interactions, Contextual Factors and Fixed Effects’
32. Yann Bramoullé, Habiba Djebbari and Bernard Fortin (2009), ‘Identification of Peer Effects Through Social Networks’
Volume II: Applications
ACKNOWLEDGEMENTS
AN INTRODUCTION BY THE EDITORS APPEARS IN VOLUME I
PART I LABOUR AND EDUCATION
1. Mark S. Granovetter (1973), ‘The Strength of Weak Ties’
2. Scott A. Boorman (1975), ‘A Combinatorial Optimization Model for Transmission of Job Information Through Contact Networks’
3. James D. Montgomery (1991), ‘Social Networks and Labor-Market Outcomes: Toward an Economic Analysis’
4. Giorgio Topa (2001), ‘Social Interactions, Local Spillovers and Unemployment’
5. Antoni Calvó-Armengol (2004), ‘Job Contact Networks’
6. Antoni Calvó-Armengol and Matthew O. Jackson (2004), ‘The Effects of Social Networks on Employment and Inequality’
7. Yannis M. Ioannides and Linda Datcher Loury (2004), ‘Job Information Networks, Neighbourhood Effects, and Inequality’
8. Patrick Bayer, Stephen L. Ross and Giorgio Topa (2008), ‘Place of Work and Place of Residence: Informal Hiring Networks and Labor Market Outcomes’
9. Antoni Calvó-Armengol, Eleonora Patacchini and Yves Zenou (2009), ‘Peer Effects and Social Networks in Education’
PART II DEVELOPMENT ECONOMICS
10. Kaivan Munshi (2003), ‘Networks in the Modern Economy: Mexican Migrants in the U.S. Labor Market’
11. Jackline Wahba and Yves Zenou (2005), ‘Density, Social Networks and Job Search Methods: Theory and Application to Egypt’
12. Oriana Bandiera and Imran Rasul (2006), ‘Social Networks and Technology Adoption in Northern Mozambique’
13. Marcel Fafchamps and Susan Lund (2003), ‘Risk-sharing Networks in Rural Philippines’
PART III CRIME
14. Edward L. Glaeser, Bruce Sacerdote and José A. Scheinkman (1996), ‘Crime and Social Interactions’
15. Antoni Calvó-Armengol and Yves Zenou (2004), ‘Social Networks and Crime Decisions: The Role of Social Structure in Facilitating Delinquent Behavior’
16. Coralio Ballester, Antoni Calvó-Armengol and Yves Zenou (2010), ‘Delinquent Networks’
17. Eleonora Patacchini and Yves Zenou (2012), ‘Juvenile Delinquency and Conformism’
PART IV INDUSTRIAL ORGANIZATION
18. Rachel E. Kranton and Deborah F. Minehart (2001), ‘A Theory of Buyer-Seller Networks’
19. Sanjeev Goyal and Sumit Joshi (2003), ‘Networks of Collaboration in Oligopoly’
20. Sanjeev Goyal and José Luis Moraga-González (2001), ‘R&D Networks’
21. Brian Uzzi (1996), ‘The Sources and Consequences of Embeddedness for the Economic Performance of Organizations: The Network Effect’
PART V EXPERIMENTS
22. Gary Charness, Margarida Corominas-Bosch and Guillaume R. Fréchette (2007), ‘Bargaining and Network Structure: An Experiment’
23. Dean Karlan, Markus Mobius, Tanya Rosenblat and Adam Szeidl (2009), ‘Trust and Social Collateral’
24. Jacob K. Goeree, Arno Riedl and Aljaž Ule (2009), ‘In Search of Stars: Network Formation Among Heterogeneous Agents’
25. Jacob K. Goeree, Margeret A. McConnell, Tiffany Mitchell, Tracey Tromp and Leeat Yariv (2010), ‘The 1/D Law of Giving’
PART VI OTHER APPLICATIONS
26. James E. Rauch (1999), ‘Networks Versus Markets in International Trade’
27. Franklin Allen and Douglas Gale (2000), ‘Financial Contagion’
28. Federico Echenique and Roland G. Fryer, Jr. (2007), ‘A Measure of Segregation Based on Social Interactions’
Volume I: Theory
ACKNOWLEDGMENTS
INTRODUCTION Matthew O. Jackson and Yves Zenou
PART I MODELS OF NETWORK FORMATION
1. Robert J. Aumann and Roger B. Myerson (1988), ‘Endogenous Formation of Links Between Players and of Coalitions: An Application of the Shapley Value’
2. Matthew O. Jackson and Asher Wolinsky (1996), ‘A Strategic Model of Social and Economic Networks’
3. Bhaskar Dutta and Suresh Mutuswami (1997), ‘Stable Networks’
4. Venkatesh Bala and Sanjeev Goyal (2000), ‘A Noncooperative Model of Network Formation’
5. William A. Brock and Steven N. Durlauf (2001), ‘Discrete Choice with Social Interactions’
6. Matthew O. Jackson and Alison Watts (2002) ‘The Evolution of Social and Economic Networks’
7. Matthew O. Jackson and Alison Watts (2002), ‘On the Formation of Interaction Networks in Social Coordination Games’
8. Bhaskar Dutta, Sayantan Ghosal and Debraj Ray (2005), ‘Farsighted Network Formation’
9. Frank H. Page Jr., Myrna H. Wooders and Samir Kamat (2005), ‘Networks and Farsighted Stability’
10. Matthew O. Jackson and Brian W. Rogers (2007), ‘Meeting Strangers and Friends of Friends: How Random are Social Networks?’
11. Sergio Currarini, Matthew O. Jackson and Paolo Pin (2009), ‘An Economic Model of Friendship: Homophily, Minorities and Segregation’
PART II MODELS OF GAMES AND BEHAVIOR ON NETWORKS
12. Robert B. Myerson (1977), ‘Graphs and Cooperation in Games’
13. Rohit Parikh and Paul Krasucki (1990), ‘Communication, Consensus and Knowledge’
14. Venkatesh Bala and Sanjeev Goyal (1998), ‘Learning from Neighbours’
15. Stephen Morris (2000), ‘Contagion’
16. Michael Suk-Young Chwe (2000), ‘Communication and Coordination in Social Networks’
17. Peter M. Demarzo, Dimitri Vayanos and Jeffrey Zwiebel (2003), ‘Persuasion Bias, Social Influence, and Unidimensional Opinions’
18. Margarida Corominas-Bosch (2004), ‘Bargaining in a Network of Buyers and Sellers’
19. Coralio Ballester, Antonio Calvó-Armengol and Yves Zenou (2006), ‘Who’s Who in Networks: Wanted: The Key Player’
20. Yann Bramoullé and Rachel Kranton (2007), ‘Public Goods in Networks’
21. Matthew O. Jackson and Leeat Yariv (2007), ‘Diffusion of Behavior and Equilibrium Properties in Network Games’
22. Dunia López-Pintado (2008), ‘Diffusion in Complex Social Situations’
23. Andrea Galeotti, Sanjeev Goyal, Matthew O. Jackson, Fernando Vega-Redondo and Leeat Yariv (2010), ‘Network Games’
24. Benjamin Golub and Matthew O. Jackson (2010), ‘Naïve Learning in Social Networks and the Wisdom of Crowds’
25. Andrea Galeotti and Sanjeev Goyal (2010), ‘The Law of the Few’
26. Antonio Cabrales, Antoni Calvó-Armengol and Yves Zenou (2011), ‘Social Interactions and Spillovers’
27. Daron Acemoglu, Munther A. Dahleh, Ilan Lobel and Asuman Ozdaglar (2011), ‘Bayesian Learning in Social Networks’
28. Syngjoo Choi, Douglas Gale, Shachar Kariv and Thomas Palfrey (2011), ‘Network Architecture, Salience and Coordination’
29. Jeanne Hagenbach and Frédéric Koessler (2010), ‘Strategic Communication Networks’
PART III ECONOMETRICS
30. Charles F. Manski (1993), ‘Identification of Endogenous Social Effects: The Reflection Problem’
31. Lung Fei Lee (2007), ‘Identification and Estimation of Econometric Models with Group Interactions, Contextual Factors and Fixed Effects’
32. Yann Bramoullé, Habiba Djebbari and Bernard Fortin (2009), ‘Identification of Peer Effects Through Social Networks’
Volume II: Applications
ACKNOWLEDGEMENTS
AN INTRODUCTION BY THE EDITORS APPEARS IN VOLUME I
PART I LABOUR AND EDUCATION
1. Mark S. Granovetter (1973), ‘The Strength of Weak Ties’
2. Scott A. Boorman (1975), ‘A Combinatorial Optimization Model for Transmission of Job Information Through Contact Networks’
3. James D. Montgomery (1991), ‘Social Networks and Labor-Market Outcomes: Toward an Economic Analysis’
4. Giorgio Topa (2001), ‘Social Interactions, Local Spillovers and Unemployment’
5. Antoni Calvó-Armengol (2004), ‘Job Contact Networks’
6. Antoni Calvó-Armengol and Matthew O. Jackson (2004), ‘The Effects of Social Networks on Employment and Inequality’
7. Yannis M. Ioannides and Linda Datcher Loury (2004), ‘Job Information Networks, Neighbourhood Effects, and Inequality’
8. Patrick Bayer, Stephen L. Ross and Giorgio Topa (2008), ‘Place of Work and Place of Residence: Informal Hiring Networks and Labor Market Outcomes’
9. Antoni Calvó-Armengol, Eleonora Patacchini and Yves Zenou (2009), ‘Peer Effects and Social Networks in Education’
PART II DEVELOPMENT ECONOMICS
10. Kaivan Munshi (2003), ‘Networks in the Modern Economy: Mexican Migrants in the U.S. Labor Market’
11. Jackline Wahba and Yves Zenou (2005), ‘Density, Social Networks and Job Search Methods: Theory and Application to Egypt’
12. Oriana Bandiera and Imran Rasul (2006), ‘Social Networks and Technology Adoption in Northern Mozambique’
13. Marcel Fafchamps and Susan Lund (2003), ‘Risk-sharing Networks in Rural Philippines’
PART III CRIME
14. Edward L. Glaeser, Bruce Sacerdote and José A. Scheinkman (1996), ‘Crime and Social Interactions’
15. Antoni Calvó-Armengol and Yves Zenou (2004), ‘Social Networks and Crime Decisions: The Role of Social Structure in Facilitating Delinquent Behavior’
16. Coralio Ballester, Antoni Calvó-Armengol and Yves Zenou (2010), ‘Delinquent Networks’
17. Eleonora Patacchini and Yves Zenou (2012), ‘Juvenile Delinquency and Conformism’
PART IV INDUSTRIAL ORGANIZATION
18. Rachel E. Kranton and Deborah F. Minehart (2001), ‘A Theory of Buyer-Seller Networks’
19. Sanjeev Goyal and Sumit Joshi (2003), ‘Networks of Collaboration in Oligopoly’
20. Sanjeev Goyal and José Luis Moraga-González (2001), ‘R&D Networks’
21. Brian Uzzi (1996), ‘The Sources and Consequences of Embeddedness for the Economic Performance of Organizations: The Network Effect’
PART V EXPERIMENTS
22. Gary Charness, Margarida Corominas-Bosch and Guillaume R. Fréchette (2007), ‘Bargaining and Network Structure: An Experiment’
23. Dean Karlan, Markus Mobius, Tanya Rosenblat and Adam Szeidl (2009), ‘Trust and Social Collateral’
24. Jacob K. Goeree, Arno Riedl and Aljaž Ule (2009), ‘In Search of Stars: Network Formation Among Heterogeneous Agents’
25. Jacob K. Goeree, Margeret A. McConnell, Tiffany Mitchell, Tracey Tromp and Leeat Yariv (2010), ‘The 1/D Law of Giving’
PART VI OTHER APPLICATIONS
26. James E. Rauch (1999), ‘Networks Versus Markets in International Trade’
27. Franklin Allen and Douglas Gale (2000), ‘Financial Contagion’
28. Federico Echenique and Roland G. Fryer, Jr. (2007), ‘A Measure of Segregation Based on Social Interactions’
