Networks : An Economics Approach by Sanjeev Goyal (2023, Hardcover)

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About this product

Product Identifiers

PublisherMIT Press

ISBN-100262048035

ISBN-139780262048033

eBay Product ID (ePID)8057243672

Product Key Features

Book TitleNetworks : an Economics Approach

Number of Pages824 Pages

LanguageEnglish

TopicSociology / General, Economics / Microeconomics, Neural Networks, Economics / Theory

Publication Year2023

IllustratorYes

GenreComputers, Social Science, Business & Economics

AuthorSanjeev Goyal

FormatHardcover

Dimensions

Item Height1.6 in

Item Weight54.7 Oz

Item Length9.3 in

Item Width8.2 in

Additional Product Features

Intended AudienceTrade

LCCN2022-021505

Dewey Edition23/eng/20220519

Dewey Decimal330.0151

Table Of ContentPreface xiii Acknowledgments xv Introduction 1 I Foundations 1 Concepts and Measures 15 2 Random Origins 51 3 The Costs and Benefits of Links 83 4 Network Structure and Human Behavior 125 II Economic Networks 5 Production and Supply Chains 171 6 Infrastructure 199 7 Security 237 8 Intermediaries and Platforms 277 9 Financial Contagion 317 10 Wars 359 III Social Networks 11 The Law of the Few 403 12 Social Coordination 437 13 Communication and Social Learning 475 14 Epidemics and Diffusion 519 15 Social Ties and Markets 557 IV Broader Themes 16 Networked Markets 597 17 Communities and Economic Growth 633 18 Trust 667 19 Groups, Impersonal Exchange, and State Capacity 709 References 755 Index 783

SynopsisAn 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, An accessible and comprehensive overview of the economic theory and the realities of networks. Covers both economic networks-including infrastructure, security, market power, and financial networks-and social networks, Lucid distillation of three decades of economics research on networks, Engaging case studies and accessible exercises illustrate theoretical models

LC Classification NumberHM741.G693 2023