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Connections: An Introduction to the Economics of Networks
     

Connections: An Introduction to the Economics of Networks

by Sanjeev Goyal
 

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Networks pervade social and economic life, and they play a prominent role in explaining a huge variety of social and economic phenomena. Standard economic theory did not give much credit to the role of networks until the early 1990s, but since then the study of the theory of networks has blossomed. At the heart of this research is the idea that the pattern of

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