{"product_id":"networks-isbn-9780262048033","title":"Networks","description":"\u003cb\u003eAn accessible and comprehensive overview of the economic theory and the realities of networks written by a pioneering economics researcher.\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003eNetworks are everywhere: the infrastructure that brings water into our homes, the social networks made up of our friends and families, the supply chains connecting cities, people, and goods. These interconnections contain economic trade-offs: for example, should an airline operate direct flights between cities or route all its flights through a hub? Viewing networks through an economics lens, this textbook considers the costs and benefits that govern their formation and functioning. \u003cbr\u003e\u003cbr\u003eNetworks are central to an understanding of the production, consumption, and information that lie at the heart of economic activity. Sanjeev Goyal provides advanced undergraduate and graduate students with an accessible and comprehensive introduction to the economics research on networks of the past twenty-five years. Each chapter introduces a theoretical model illustrated with the help of case studies and formal proofs. After introducing the theoretical concepts, Goyal examines economic networks, including infrastructure, security, market power, and financial networks. He then covers social networks, with chapters on coordinating activity, communication and learning, information networks, epidemics, and impersonal markets. Finally, Goyal locates social and economic networks in a broader context covering networked markets, economic development, trust, and group networks in their relation to markets and the state.\u003cbr\u003e\u003cbr\u003e\u003cul\u003e\n\u003cli\u003eFirst textbook to provide a broad and comprehensive overview of twenty-first-century economic theory of networks \u003c\/li\u003e\n\u003cli\u003eFeatures engaging case studies and accessible exercises\u003c\/li\u003e\n\u003cli\u003eWritten by a pioneering economics researcher \u003c\/li\u003e\n\u003c\/ul\u003ePreface xiii\u003cbr\u003eAcknowledgments xv\u003cbr\u003eIntroduction 1\u003cbr\u003eI Foundations\u003cbr\u003e1 Concepts and Measures 15\u003cbr\u003e2 Random Origins 51\u003cbr\u003e3 The Costs and Benefits of Links 83\u003cbr\u003e4 Network Structure and Human Behavior 125\u003cbr\u003eII Economic Networks\u003cbr\u003e5 Production and Supply Chains 171\u003cbr\u003e6 Infrastructure 199\u003cbr\u003e7 Security 237\u003cbr\u003e8 Intermediaries and Platforms 277\u003cbr\u003e9 Financial Contagion 317\u003cbr\u003e10 Wars 359\u003cbr\u003eIII Social Networks\u003cbr\u003e11 The Law of the Few 403\u003cbr\u003e12 Social Coordination 437\u003cbr\u003e13 Communication and Social Learning 475\u003cbr\u003e14 Epidemics and Diffusion 519\u003cbr\u003e15 Social Ties and Markets 557\u003cbr\u003eIV Broader Themes\u003cbr\u003e16 Networked Markets 597\u003cbr\u003e17 Communities and Economic Growth 633\u003cbr\u003e18 Trust 667\u003cbr\u003e19 Groups, Impersonal Exchange, and State Capacity 709\u003cbr\u003eReferences 755\u003cbr\u003eIndex 783\u003cb\u003eSanjeev Goyal\u003c\/b\u003e 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 \u003ci\u003eConnections: An Introduction to the Economics of Networks\u003c\/i\u003e.","brand":"The MIT Press","offers":[{"title":"Default Title","offer_id":46301300261093,"sku":"NP9780262048033","price":125.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780262048033.jpg?v=1767733625","url":"https:\/\/k12savings.com\/es\/products\/networks-isbn-9780262048033","provider":"K12savings","version":"1.0","type":"link"}