Networks

Sanjeev Goyal is Arthur C. Pigou Professor of Economics at the University of Cambridge, a Fellow of Christ’s College, Cambridge, and Professor of Economics at New York University Abu Dhabi. He is a Fellow of the British Academy, a Fellow of the Econometric Society, and the author of Connections: An Introduction to the Economics of Networks.

Preface xiii
Acknowledgments xv
Introduction 1
I Foundations
1 Concepts and Measures 15
2 Random Origins 51
3 The Costs and Benefits of Links 83
4 Network Structure and Human Behavior 125
II Economic Networks
5 Production and Supply Chains 171
6 Infrastructure 199
7 Security 237
8 Intermediaries and Platforms 277
9 Financial Contagion 317
10 Wars 359
III Social Networks
11 The Law of the Few 403
12 Social Coordination 437
13 Communication and Social Learning 475
14 Epidemics and Diffusion 519
15 Social Ties and Markets 557
IV Broader Themes
16 Networked Markets 597
17 Communities and Economic Growth 633
18 Trust 667
19 Groups, Impersonal Exchange, and State Capacity 709
References 755
Index 783