NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

SI 2014 Methods Lectures:
Theory and Application of Network Models

Daron Acemoglu and Matthew O. Jackson, Organizers

July 22, 2014

Ballroom A
Royal Sonesta Hotel
40 Edwin H. Land Blvd.
Cambridge, MA

PROGRAM

 

Tuesday, July 22

1:00 pm

Overview and basic concepts with some motivating evidence from social network and friendship data sets.   Definitions and illustrations of some of the basic characteristics of networks:  degree distributions, path lengths, clustering, homophily (Matt).  


2:00 pm


Break


2:15 pm


Games over networks, peer effects, identification of peer effects
. Basic static and dynamic games over networks. The role of some basic centrality measures in simple network games. Identification of network and peer effects using network structure and exogenous variation (Daron). (slides)


3:15 pm


Break


3:30 pm


Diffusion of information in networks.
  Simple models of diffusion and a look at how network structure affects the spread of ideas and information.  A look at definitions of centrality and influence. (Matt).


4:30 pm


Break


4:45 pm


Contagion and propagation of shocks over networks
. Modeling contagion over networks. Contagion and propagation of microeconomic shocks through input-output and financial networks. Emergence of systemic risk. Strategies for identification of network propagation. (Daron). (slides)


5:45 pm


Adjourn