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The Economic Consequences of Social-Network Structure

Listed author(s):
  • Matthew O. Jackson
  • Brian W. Rogers
  • Yves Zenou

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-interaction 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.

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File URL: https://www.aeaweb.org/articles?id=10.1257/jel.20150694
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File URL: https://www.aeaweb.org/articles/attachments?retrieve=6y1aKmBO0Ploh7x5wGZqLAUzfDJwMK4x
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Article provided by American Economic Association in its journal Journal of Economic Literature.

Volume (Year): 55 (2017)
Issue (Month): 1 (March)
Pages: 49-95

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Handle: RePEc:aea:jeclit:v:55:y:2017:i:1:p:49-95
Note: DOI: 10.1257/jel.20150694
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