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Jackson, M.O., Rogers, B.W. and Y. Zenou (2017). The economic consequences of social network structure. Journal of Economic Literature 55(1), 1-47.

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.

Authors

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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