We provide an overview on networks in economics. We first look at the theoretical aspects of network economics using a … game-theoretical approach. We derive some results on games on networks and network formation. We also study what happens … empirical-relevant questions by mainly focusing on labor-market networks and crime networks. We provide some empirical evidence …

We survey the literature on social networks by putting together the economics, sociological and physics … network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does … not explain why they emerge. On the contrary, the economics approach is very precise in explaining why networks emerge but …

play in networks is to some extent boundedly rational, in the sense that coordination is influenced by local and individual …

We survey the literatures on the economic consequences of the structure of social networks. We develop a taxonomy of … 'macro' and 'micro' characteristics of social inter-action networks and discuss both the theoretical and empirical findings … discuss the challenges of accounting for the endogeneity of networks in assessing the relationship between the patterns of …