Course information

Course director

Yves Zenou, Monash University/Stockholm University

Syllabus

The rapid advancements in our ability to communicate across distances—driven by the evolution of communication technologies and the expanded capabilities of the internet and social media—have made social networks increasingly prominent. Understanding networks is crucial for examining how they influence behavior. Individuals often form relationships to connect with others for economic reasons, benefiting from collaboration, exchange, and information sharing.

Network economics provides a framework for analyzing the interactions of agents connected through a network and understanding how their behaviors are influenced by those around them. These lecture series highlight recent developments in network economics and peer effects, starting with the theoretical foundations and then focusing on practical applications in areas such as crime, education, and labor economics.

The 3,5 credit course spans 10 hours, comprising 5 lectures in one week, each lasting 2 hours.

Outline

Lecture 1: Overview, background and definitions

Lecture 2: Peer versus Network Effects: Empirical Issues

Lecture 3: Peer versus Network Effects: Theoretical Issues

Lecture 4: Non-linear peer effects

Lecture 5: Some applications to crime and labor-market networks

Course material

Peer versus network effects

Time and place

TBA

The course is in-person only.

Registration

TBA. Include if you want to be registered or audit the course.