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The Cambridge-INET Institute

 
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Goyal, S.

Networks and Markets

WP Number: 1616

Abstract: Networks influence human behavior and well being, and realizing this, individuals make conscious efforts to shape their own networks. Over the past decade, economists have combined these ideas with concepts from game theory, oligopoly, general equilibrium, and information economics to develop a general framework of analysis. The ensuing research has deepened our understanding of classical questions in economics and opened up entirely new lines of enquiry.

Author links: Sanjeev Goyal  

PDF: wp1616.pdf

Open Access Link: 10.17863/CAM.5878


Theme: networks