The Economic Consequences of Social Network Structure

Matthew Jackson, Brian Rogers and Yves Zenou

No 45-16, Monash Economics Working Papers from Monash University, Department of Economics

Abstract: We survey the literature on the economic consequences of the structure of social networks. We develop a taxonomy of ‘macro’ and ‘micro’ characteristics of social inter-action networks and discuss both the theoretical and empirical findings concerning the role of those characteristics in determining learning, diffusion, decisions, and resulting behaviors. We also discuss the challenges of accounting for the endogeneity of networks in assessing the relationship between the patterns of interactions and behaviors.

Keywords: Social networks; social economics; homophily; diffusion; social learning; contagion; centrality measures; endogeneity; network formation. (search for similar items in EconPapers)
JEL-codes: C72 D85 L14 Z13 (search for similar items in EconPapers)
Pages: 65 pages
Date: 2016-11
New Economics Papers: this item is included in nep-gth, nep-net, nep-soc and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20)

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Related works:
Journal Article: The Economic Consequences of Social-Network Structure (2017)
Working Paper: The Economic Consequences of Social Network Structure (2016)
Working Paper: The Economic Consequences of Social Network Structure (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:mos:moswps:2016-45

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