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Social and Economic Networks [Paperback]

Matthew O. Jackson
5.0 out of 5 stars  See all reviews (1 customer review)
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Book Description

Nov. 21 2010 0691148201 978-0691148205

Networks of relationships help determine the careers that people choose, the jobs they obtain, the products they buy, and how they vote. The many aspects of our lives that are governed by social networks make it critical to understand how they impact behavior, which network structures are likely to emerge in a society, and why we organize ourselves as we do. In Social and Economic Networks, Matthew Jackson offers a comprehensive introduction to social and economic networks, drawing on the latest findings in economics, sociology, computer science, physics, and mathematics. He provides empirical background on networks and the regularities that they exhibit, and discusses random graph-based models and strategic models of network formation. He helps readers to understand behavior in networked societies, with a detailed analysis of learning and diffusion in networks, decision making by individuals who are influenced by their social neighbors, game theory and markets on networks, and a host of related subjects. Jackson also describes the varied statistical and modeling techniques used to analyze social networks. Each chapter includes exercises to aid students in their analysis of how networks function.

This book is an indispensable resource for students and researchers in economics, mathematics, physics, sociology, and business.


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Social and Economic Networks + Game Theory: Analysis of Conflict
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Review

Honorable Mention for the 2008 PROSE Award in Economics, Association of American Publishers

"Jackson's review of diffusion models is excellent, as tight an overview of these models as I have seen anywhere. . . . Social and Economic Networks is a must-read for all those steeped in the traditional social network analysis paradigm. Economists will find Jackson offers them a superb and accessible introduction to network questions and models. And for others from any social science background curious about social networks, I recommend a careful read of the book."--David Krackhardt, Science

"This book deserves the highest recommendations for all readers interested in networks and interdependence. It is written clearly, and could be used both as a starting textbook for a journey to the world of networks and also as an expert guide for scientists studying social and economic networks."--Kroly Takcs, Journal of Artificial Societies and Social Simulation

"I strongly recommend this book to any scholar or student interested in networks, not only in economics but in any connected field such as sociology, physics, and applied mathematics. Matthew Jackson's guided tour of the literature on economic and social networks is superb."--Joan de Martí Beltran, Regional Science and Urban Economics

"[T]his is a valuable book that raises crucial questions for today's sociologist interested in social networks."--Paola Tubaro, Sociology

From the Inside Flap

"The study of networks is one of the liveliest and most interesting topics in contemporary economic theory. In this timely and beautifully written book, Matthew Jackson--a leading theorist and pioneer in network theory--lucidly lays out the elements of the theory as well as some cutting-edge research."--Eric S. Maskin, Nobel Laureate in Economics

"Lucid and comprehensive, Jackson's book elegantly synthesizes several important strands of network science from sociology, physics, mathematics, computer science, and economics. It will be an immensely useful reference for researchers and students alike."--Duncan Watts, Columbia University

"Matt Jackson has met and exceeded the challenge of producing a landmark work in a rapidly emerging and highly interdisciplinary field. It is wonderfully written, expertly balancing motivation and examples with technical detail. It should become a treasured resource for members of several research communities, including economists, sociologists, and computer scientists."--Michael Kearns, University of Pennsylvania

"Jackson does justice to the vast interdisciplinary field of complex systems by bringing together the key advances scattered in the social science, physics, mathematics, computer science, and economics literature. With its comprehensive exposition and numerous fascinating examples, this is a must-read for everybody interested in social and economic networks."--Albert-Lszl Barabsi, University of Notre Dame

"This book is an eye-opener. In addition to describing the new models of small-world and scale-free networks first developed by physical scientists, it also reveals the fascinating work done by economists on social networks. It is the best available textbook on network models, containing well-thought-out and demanding problems at the end of every chapter."--Phillip Bonacich, University of California, Los Angeles

"This is an excellent, incredible, and much-needed book. Every incoming graduate student who deals with networks in economics, political science, or sociology will want it as a reference. Social and Economic Networks will become the book in formal network analysis in the social sciences. Its clarity is unsurpassed, and perhaps even unsurpassable."--Scott E. Page, author of The Difference

"This is a wonderful book on social networks that will be immensely successful both as a reference on the state of the art and as a textbook for advanced courses. I believe that this book will spur renewed interest in social and economic networks, and serve as an inspiration for many researchers. Fascinating and very pleasant to read."--Francis Bloch, école Polytechnique

--This text refers to the Hardcover edition.

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Most helpful customer reviews
5.0 out of 5 stars Excellent Book! May 24 2013
Format:Paperback|Verified Purchase
Prof. Jackson has done a rigorous and comprehensive job writing a book that covers pretty much all the main (and current) topics of the Network Theory.
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Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com: 5.0 out of 5 stars  6 reviews
14 of 14 people found the following review helpful
5.0 out of 5 stars Excellent for Strategic Networks Jan. 3 2010
By IdeaGames - Published on Amazon.com
Format:Hardcover
Jackson has really produced a wonderfully cogent book with an economic approach to studying networks. To be clear, the book is aimed at readers with a degree of mathematical sophistication. He examines how (cooperative and non-cooperative) game theory can be applied to networks, i.e. models of friendship between individuals, alliances between firms and other similar situations. The empirical analysis of networks is treated in a couple of chapters, but perhaps deserves a separate book. Overall, this is an ideal place to start for someone interested in developing microeconomic and game-theoretic models of network interactions.
8 of 9 people found the following review helpful
5.0 out of 5 stars The importance of stochastics in the social life Sept. 29 2011
By Edoardo Angeloni - Published on Amazon.com
Format:Paperback|Verified Purchase
This book is a very useful approach to the social and economic networks by an interesting mathematical view. The exposition is no very difficult as calculations, if one knows sufficiently the game theory. This method is a mix by the Statistics and the Graph theory, while a significative role is related to the Bayes formula. This theory depends in large part by the game theory, let be cooperative or not-cooperative. The applications are about the biology, next the sociology and the economics.
1 of 1 people found the following review helpful
5.0 out of 5 stars A clear book with the right balance June 30 2014
By Irith Hartman - Published on Amazon.com
Format:Paperback|Verified Purchase
I like this book very much. It has the right balance, in my view, between verbal and 'social science' explanations, and mathematical expositions. It provides enough mathematical background for those who do not have it, as well as social and economic background and motivation. I intend to use some chapters in this book for a "Networks" course I will teach.
5.0 out of 5 stars Excellent Jan. 30 2014
By Marià Cano - Published on Amazon.com
Format:Kindle Edition|Verified Purchase
A reference book and great resource for network researchers. Matthew Jackson exposes with mastery the framework keys to understand the modelization of social and economic systems.
5.0 out of 5 stars Nice start and guide for future studies Aug. 8 2014
By Cesar Henrique Sanches França - Published on Amazon.com
Format:Paperback|Verified Purchase
Very interesting book! Nice start and guide for future studies.

Cesar França
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