Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/175053 
Year of Publication: 
2016
Series/Report no.: 
IFN Working Paper No. 1116
Publisher: 
Research Institute of Industrial Economics (IFN), Stockholm
Abstract: 
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.
Subjects: 
Social networks
social economics
homophily
diffusion
social learning
contagion
centrality measures
endogeneity
network formation
JEL: 
D85
C72
L14
Z13
Document Type: 
Working Paper

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