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Jackson, M. O., Rogers, B., Zenou, Y. (2016). Networks: an economic perspective. In R. Light and J. Moody (Eds.). The Oxford Handbook of Social Network Analysis. Oxford: Oxford University Press.

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.


Jackson, Matthew O.

Matthew O. Jackson is the William D. Eberle Professor of Economics at Stanford University, an external faculty member of the Santa Fe Institute, and a fellow of CIFAR. He received his Ph.D. from Stanford University in 1988.

Rogers, Brian

I am an Associate Professor of Economics at Washington University in St. Louis. My research interests are in microeconomic theory, in particular the fields of network formation, social learning, and applied game theory. Some of my research employs laboratory experiments to test modeling...

Zenou, Yves

Yves Zenou is a professor of economics and holds the Richard Snape Chair in Business and Economics at Monash University (Melbourne, Australia) since January 2016. Yves Zenou was previously a professor of economics at Stockholm University (2007-2015), at the Universite du Maine, a visiting professor...

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