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We survey the literature on the economic consequences of the structure of social networks. We develop a taxonomy of "macro" and "micro" characteristics of social interaction networks and discuss both the theoretical and empirical findings concerning the role of those characteristics in...
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We develop and estimate an equilibrium model of study time choices of students on a social network. We examine how network structure interacts with student characteristics to affect academic achievement. Due to data limitations, few papers examine the mechanisms through which peer effects...
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a unique value of network homophily maximizing the present value of income. Therefore, there is a gain for risk …
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We study the existence of homophily (i.e. the tendency for people to make friends with people who are similar to … existence of homophily with respect to trustworthiness. Trustors ́beliefs about the trustees ́trustfulness are not affected by …
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