2015

Networks in Economics

Reprint No. 2015:20

Author(s): Yves ZenouYear: 2015 Title: International Encyclopedia of the Social & Behavioral Sciences, Second Edition, Volume 16 Editor(s): James D. WrightPublisher: ElsevierCity: Oxford Pages: 572–581
Online article (restrictions may apply)


We provide an overview on networks in economics. We first look at the theoretical aspects of network economics using a game-theoretical approach. We derive some results on games on networks and network formation. We also study what happens when agents choose both links and actions. We then examine how these models can be used to address some applied and empirical relevant questions by mainly focusing on labor market networks and crime networks. We provide some empirical evidence on these two types of networks and address some policy implications of the models.


Reference:
Zenou, Yves (2015), "Networks in Economics". Pp. 572–581 in James D. Wright, ed., International Encyclopedia of the Social & Behavioral Sciences, Second Edition, Volume 16. Oxford: Elsevier.

Interdisciplinary European Studies

The European Union in a Changing World Order

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This book explores how the European Union responds to the ongoing challenges to the liberal international order. These challenges arise both within the EU itself and beyond its borders, and put into question the values of free trade and liberal democracy. 

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