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Social and Economic Networks: Models and Analysis

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Social and Economic Networks - Models and Analysis

About This University Online Course:

Learn how to model social and economic networks and their impact on human behavior. How do networks form, why do they exhibit certain patterns, and how does their structure impact diffusion, learning, and other behaviors? We will bring together models and techniques from economics, sociology, math, physics, statistics and computer science to answer these questions. The course begins with some empirical background on social and economic networks, and an overview of concepts used to describe and measure networks. Next, we will cover a set of models of how networks form, including random network models as well as strategic formation models, and some hybrids. We will then discuss a series of models of how networks impact behavior, including contagion, diffusion, learning, and peer influences. For more online courses of Stanford University visit Stanford University Courses.

Created by:  Stanford University

Taught by:  Matthew O. Jackson, Professor Economics
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Online Course Syllabus:

The course is Eight modules long and is designed to be completed in Eight weeks.

WEEK 1

Introduction, Empirical Background and Definitions

Examples of Social Networks and their Impact, Definitions, Measures and Properties: Degrees, Diameters, Small Worlds, Weak and Strong Ties, Degree Distributions

WEEK 2
Background, Definitions, and Measures Continued

Homophily, Dynamics, Centrality Measures: Degree, Betweenness, Closeness, Eigenvector, and Katz-Bonacich. Erdos and Renyi Random Networks: Thresholds and Phase Transitions

WEEK 3
Random Networks
Poisson Random Networks, Exponential Random Graph Models, Growing Random Networks, Preferential Attachment and Power Laws, Hybrid models of Network Formation.

WEEK 4

Strategic Network Formation
Game Theoretic Modeling of Network Formation, The Connections Model, The Conflict between Incentives and Efficiency, Dynamics, Directed Networks, Hybrid Models of Choice and Chance.

WEEK 5

Diffusion on Networks
Empirical Background, The Bass Model, Random Network Models of Contagion, The SIS model, Fitting a Simulated Model to Data.

WEEK 6

Learning on Networks
Bayesian Learning on Networks, The DeGroot Model of Learning on a Network, Convergence of Beliefs, The Wisdom of Crowds, How Influence depends on Network Position..

WEEK 7

Games on Networks
Network Games, Peer Influences: Strategic Complements and Substitutes, the Relation between Network Structure and Behavior, A Linear Quadratic Game, Repeated Interactions and Network Structures.

WEEK 8

Final Exam
The description goes here.

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