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An Introduction to the Economics of Networks
Sanjeev Goyal

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"The economy . . . will be one of the greatest beneficiaries of network thinking. Goyal's Connections, the first comprehensive treatment of network economics, is an important step in this fascinating journey."--Albert-Laszlo Barabasi, Department of Physics, Northeastern University

"This book provides a comprehensive account of the antecedents and consequences of networks. Scholars who are interested in a boundary-spanning account of this important phenomenon will find this book to be extremely valuable."--Ranjay Gulati, Harvard Business School

"Networks is becoming a new and exciting interdisciplinary research area integrating ideas from many fields, including sociology, economics, and computer science, in each case studying how networks and the social setting affect outcomes. Connections provides an excellent introduction to this emerging area from an economic perspective, and will be invaluable for researchers interested in any aspect of the subject."--Eva Tardos, Department of Computer Science, Cornell University

"Sanjeev Goyal presents a clear and comprehensive account of the work in this field to which he is a major contributor. Connections analyzes two important questions. How does the structure of the network of interactions influence economic outcomes and how do networks evolve if people can consciously choose those with whom they want to be linked?"--Alan Kirman, L'école des Hautes études en Sciences Sociales, Université D'Aix Marseille III, Institut Universitaire de France

"This book is an excellent introduction to the theory of social networks and should be the top choice for any graduate student interested in the subject."--Markus Mobius, Department of Economics, Harvard University

"Connections provides an overview of the new and exciting economic approach to social networks. Accessible to noneconomists and providing a wide range of illustrations, including information-sharing networks, research-collaboration networks among firms, and labor-market networks, the book addresses two main questions: How does a pattern of connections influence behaviors, the efficiency of outcomes, and the diffusion of information? And what are the incentives to establish connections in the first place? Highly recommended."--Gabrielle Demange, L'Ecole des Hautes Etudes en Sciences Sociales, Paris

"Written by a pioneer and leading contributor in the field, Connections provides an authoritative account of the recent economic literature on networks. It discusses theoretical models, economic applications, and empirical evidence on networks in a clear, concise, and vivid fashion. Undoubtedly, this book will prove to be invaluable, both as a reference on network theory and as a textbook for advanced students in economic theory."--Francis Bloch, GREQAM, Marseille; and University of Warwick

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File created: 4/17/2014

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