Profile of Matthew O. JacksonSkip to search form Skip to main content. Jackson , Alison Watts Published in J. Economic Theory DOI: Over time, individuals form and sever links connecting themselves to other individuals based on the improvement the resulting network offers them relative to the current network. Such a process creates a sequence of networks that we call an 'improving path'. View PDF. Save to Library.
Social and Economic Networks PDF
The Evolution of Social and Economic Networks
Matthew O. Many of our ebooks are available through library electronic resources including these platforms:. Networks of relationships help determine the careers that people choose, the jobs they obtain, the products they buy, and how they vote. The many aspects of our lives that are governed by social networks make it critical to understand how they impact behavior, which network structures are likely to emerge in a society, and why we organize ourselves as we do. In Social and Economic Networks , Matthew Jackson offers a comprehensive introduction to social and economic networks, drawing on the latest findings in economics, sociology, computer science, physics, and mathematics. He provides empirical background on networks and the regularities that they exhibit, and discusses random graph-based models and strategic models of network formation. He helps readers to understand behavior in networked societies, with a detailed analysis of learning and diffusion in networks, decision making by individuals who are influenced by their social neighbors, game theory and markets on networks, and a host of related subjects.
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During a lunchtime chat in , Matthew Jackson first became interested in social and economic networks. Jackson and a colleague were discussing how power depends on networks of relationships. As an economist, Jackson had always been interested in modeling and analyzing social interactions and human decision-making. Soon, he and his colleague followed up on their lunchtime discussion by building game theoretic models of how people choose to form relationships 1. Matthew O. Jackson, the William D.