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Product details:
- Publisher Cambridge University Press
- Date of Publication 25 April 2024
- ISBN 9781009456357
- Binding Hardback
- No. of pages266 pages
- Size 250x175x20 mm
- Weight 630 g
- Language English 548
Categories
Short description:
A rigorous and unified treatment of economic networks, from foundational theory to recent applications.
MoreLong description:
It has become increasingly clear that economies can fruitfully be viewed as networks, consisting of millions of nodes (households, firms, banks, etc.) connected by business, social, and legal relationships. These relationships shape many outcomes that economists often measure. Over the past few years, research on production networks has flourished, as economists try to understand supply-side dynamics, default cascades, aggregate fluctuations, and many other phenomena. Economic Networks provides a brisk introduction to network analysis that is self-contained, rigorous, and illustrated with many figures, diagrams and listings with computer code. Network methods are put to work analyzing production networks, financial networks, and other related topics (including optimal transport, another highly active research field). Visualizations using recent data bring key ideas to life.
MoreTable of Contents:
Preface; Common symbols; 1. Introduction; 2. Production; 3. Optimal flows; 4. Markov chains and networks; 5. Nonlinear interactions; Appendices; 6. Appendix.
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