The Economics of Social Networks

By Matthew O. Jackson. 2005

329 citations recorded by the source corpus.

Subfields: Management Science and Operations Research, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/0a9567878d8561f4a4e103ed21668d791cf9f57d

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In Management Science and Operations Research

In Strategy and Management

Citations in the corpus

Trust, sociability and stock market participation (2011, unknown): “Jackson (2006) reviews the recent advances in the field focusing mainly on the role of information acquired through social interactions in determining human behavior and economic outcomes.3 Social interactions can serve as a mean of ‘word-of-mouth’ information diffusion or of observational…”
An Economic Model of Friendship: Homophily, Minorities and Segregation (2007, background): “for any x, y, z, w and a such that x+ y = z + w, z < w, w ≥ x ≥ z, and a ≥ 1, where (8) holds with strict equality when w > x > z.(18) Intuitively, the above condition requires that in the (s, d)—space, the ray along which marginal utility of a new friend is maximal is on or above the 45 degree line”
The Small World of Investing: Board Connections and Mutual Fund Returns (2007, background): “Several papers (Jensen (1968), Malkiel (1995), Gruber (1996), and Carhart (1997)) find that active managers fail to outperform passive benchmark portfolios (even before expenses), while others (Grinblatt and Titman (1989, 1993), Grinblatt, Titman, and Wermers (1995), Daniel et al. (1997), and…”
Production Chains in an Interregional Framework: Identification by Means of Average Propagation Lengths (2007, background): “Examples would be the power structure (including relations and hierarchies) in social networks (see e.g., Burt 1992; Jackson 2006), the property structure within groups of firms that have a silent interest in each other due to cross-shareholding (see e.g., Dietzenbacher et al. 2000; Flath 1993;…”
The financial accelerator in an evolving credit network (2010, background): “Jackson (2005) distinguishes between a random graph approach to network formation, borrowed from physics, and the game theoretic approach specifically designed to deal with economic networks.”
Identification of Peer Effects through Social Networks (2009, unknown): “A growing body of theoretical work explores how individual incentives give rise to networks and, in turn, can be shaped by them (e.g., see Jackson 2006).”
The Small World of Corporate Boards (2006, unknown): “Jackson (2005) and Jackson and Rogers (2005) develop a model where small worlds arise from the costs and benefits of network formation.”
Business fluctuations and bankruptcy avalanches in an evolving network economy (2009, background): “2 Jackson (2005) distinguishes between a random graph approach to network formation, borrowed from physics, and the game theoretic approach specifically designed to deal with economic networks.”
Racial Identity and Education (2006, unknown): “One could in principle derive an explicit network model (as in Jackson, 2006) where all friend relationships are explicitly modelled and reciprocal (undirected graph).”
On the mechanics of firm growth (2011, unknown): “[25] Jackson, Matthew O.”
Aggregate Fluctuations and the Network Structure of Intersectoral Trade (2010, result): “3This stands in sharp contrast to the recent but burgeoning use of network tools in microeconomics; see Jackson (2005) for a comprehensive review or Vega-Redondo (2007) for a book length introduction.”
An Overview of Social Networks and Economic Applications (2011, background): “See Jackson (2008) for a much more detailed look at the topics covered here as well as many that are not discussed here.”