Ebook: The Economics of Networks: Interaction and Behaviours

The economic concept of networks refers to the structure of agents` interaction as well as to the economic property of positive externalities. This book describes the economics of networks from various perspectives among which are classical approaches, methods derived from physics, theory of evolutionary games, and experimental economics. These different views shed a new light on the behaviour and interaction of economic agents, on networks and on related phenomena: e.g., emergence of stable macro structures from micro interactions, standardisation, diffusion, preservation of diversity, role of heterogeneity, local learning, surplus creation and surplus allocation. The book presents the state of the art and offers a unique opportunity to understand specific networks phenomena through different theoretical and experimental approaches.

---

The economic concept of networks refers to the structure of agents` interaction as well as to the economic property of positive externalities. This book describes the economics of networks from various perspectives among which are classical approaches, methods derived from physics, theory of evolutionary games, and experimental economics. These different views shed a new light on the behaviour and interaction of economic agents, on networks and on related phenomena: e.g., emergence of stable macro structures from micro interactions, standardisation, diffusion, preservation of diversity, role of heterogeneity, local learning, surplus creation and surplus allocation. The book presents the state of the art and offers a unique opportunity to understand specific networks phenomena through different theoretical and experimental approaches.
Content:
Front Matter....Pages i-xiv
Introduction....Pages 1-13
Front Matter....Pages 15-15
Economies with Interacting Agents....Pages 17-51
Spatial Interactions in Dynamic Decentralised Economies: a Review....Pages 53-91
Network, Interactions between Economic Agents and Irreversibilities : the Case of the Choice among Competing Technologies....Pages 93-121
Rationality and Heterogeneity in Stochastic Aggregation Models....Pages 123-145
Front Matter....Pages 147-147
Networks Competition under Local Interaction and Behavioral Learning....Pages 149-166
Can Neighborhood Protect Diversity....Pages 167-188
Interaction of Local Interactions: Localized Learning and Network Externalities....Pages 189-204
Evolution of Cooperation with Local Interactions and Imitation....Pages 205-222
On the Frontier: Structural Effects in a Diffusion Model based on Influence Matrixes....Pages 223-240
Front Matter....Pages 241-241
Networks, Specialization and Trust....Pages 243-264
Network Externalities, Cost Functions and Standardization....Pages 265-281
The Emergence of Network Organizations in Processes of Technological Choice: a Viability Approach....Pages 283-290
Are more Informed Agents able to shatter Information Cascades in the Lab ?....Pages 291-305
Information Externalities and Learning with Sequential Interactions....Pages 307-324
The Evolution of Imitation....Pages 325-339

---

The economic concept of networks refers to the structure of agents` interaction as well as to the economic property of positive externalities. This book describes the economics of networks from various perspectives among which are classical approaches, methods derived from physics, theory of evolutionary games, and experimental economics. These different views shed a new light on the behaviour and interaction of economic agents, on networks and on related phenomena: e.g., emergence of stable macro structures from micro interactions, standardisation, diffusion, preservation of diversity, role of heterogeneity, local learning, surplus creation and surplus allocation. The book presents the state of the art and offers a unique opportunity to understand specific networks phenomena through different theoretical and experimental approaches.
Content:
Front Matter....Pages i-xiv
Introduction....Pages 1-13
Front Matter....Pages 15-15
Economies with Interacting Agents....Pages 17-51
Spatial Interactions in Dynamic Decentralised Economies: a Review....Pages 53-91
Network, Interactions between Economic Agents and Irreversibilities : the Case of the Choice among Competing Technologies....Pages 93-121
Rationality and Heterogeneity in Stochastic Aggregation Models....Pages 123-145
Front Matter....Pages 147-147
Networks Competition under Local Interaction and Behavioral Learning....Pages 149-166
Can Neighborhood Protect Diversity....Pages 167-188
Interaction of Local Interactions: Localized Learning and Network Externalities....Pages 189-204
Evolution of Cooperation with Local Interactions and Imitation....Pages 205-222
On the Frontier: Structural Effects in a Diffusion Model based on Influence Matrixes....Pages 223-240
Front Matter....Pages 241-241
Networks, Specialization and Trust....Pages 243-264
Network Externalities, Cost Functions and Standardization....Pages 265-281
The Emergence of Network Organizations in Processes of Technological Choice: a Viability Approach....Pages 283-290
Are more Informed Agents able to shatter Information Cascades in the Lab ?....Pages 291-305
Information Externalities and Learning with Sequential Interactions....Pages 307-324
The Evolution of Imitation....Pages 325-339
....