@techreport{Moraga-Gonzalez2004Economics,
abstract = {This paper examines the small world hypothesis. The first part of the paper presents empirical
evidence on the evolution of a particular world: the world of journal publishing economists
during the period 1970-2000. We find that in the 1970's the world of economics was a
collection of islands, with the largest island having about 15% of the population. Two decades
later, in the 1990's, the world of economics was much more integrated, with the largest island
covering close to half the population. At the same time, the distance between individuals on
the largest island had fallen significantly. Thus we believe that economics is an emerging
small world. What is it about the network structure that makes the world small? An
exploration of the micro aspects of the network yields three findings: one, the average number
of co-authors is very small but increasing; two, the distribution of co-authors is very unequal;
and three, there exist a number of ?stars?, individuals who have a large number of co-authors
(25 times the average number) most of whom do not write with each other. Thus the
economics world is a set of inter-connected stars. We take the view that individuals decide on
whether to work alone or with others; this means that individual incentives should help us
understand why the economics world has the structure it does. The second part of the paper
develops a simple theoretical model of co-authorship. The main finding of the model is that in
the presence of productivity differentials and a shortage of high-productivity individuals,
inter-connected stars will arise naturally in equilibrium. Falling costs of communication and
increasing credit for joint research leads to greater co-authorship and this is consistent with
the growth in the size of the giant component.},
author = {Jos\'{e} Luis Moraga-Gonz\'{a}lez and Marco J. van der Leij and Sanjeev Goyal},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {O30; D20; J41; L22; A14; 330; Wirtschaftswissenschaft; Publikationsanalyse; Netzwerk; Welt},
language = {eng},
number = {1287},
title = {Economics : an emerging small world?},
type = {CESifo working papers},
url = {http://hdl.handle.net/10419/18925},
year = {2004}
}
