arXiv 17 Oct 2019 · Econometrics · publishedAnnual Review of Economics (2020) · 52 citations (OpenAlex)
arXiv:1910.07781 · PDF · DOI · OpenAlex · Extracted main text
This article provides a selective review on the recent literature on econometric models of network formation. The survey starts with a brief exposition on basic concepts and tools for the statistical description of networks. I then offer a review of dyadic models, focussing on statistical models on pairs of nodes and describe several developments of interest to the econometrics literature. The article also presents a discussion of non-dyadic models where link formation might be influenced by the presence or absence of additional links, which themselves are subject to similar influences. This is related to the statistical literature on conditionally specified models and the econometrics of game theoretical models. I close with a (non-exhaustive) discussion of potential areas for further development.
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The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.
| Reference | Intensity | Mentions | Sections | Main text | |
|---|---|---|---|---|---|
| 1 | Mele (2017) A Structural Model of Dense Network Formation | 0.874 | 11 | 2 | 100% |
| 2 | Graham (2017) An Econometric Model of Network Formation with Degree Heterogeneity | 0.874 | 5 | 2 | 100% |
| 3 | Badev (2018) Nash Equilibria on (Un)Stable Networks | 0.811 | 4 | 2 | 100% |
| 4 | de Paula (2017) Econometrics of Network Models | 0.811 | 4 | 2 | 100% |
| 5 | de Paula (2013) Econometric Analysis of Games with Multiple Equilibria | 0.811 | 4 | 2 | 100% |
| 6 | Jackson (2009) Social and Economic Networks | 0.811 | 4 | 2 | 100% |
| 7 | Kolaczyk (2009) Statistical Analysis of Network Data | 0.811 | 4 | 2 | 100% |
| 8 | Bramoullé, Djebbari, and Fortin (2020) Peer Effects in Networks: A Survey | 0.737 | 3 | 2 | 100% |
| 9 | Holland and Leinhardt (1981) An Exponential Family of Probability Distributions for Directed Graphs | 0.644 | 4 | 1 | 100% |
| 10 | Arellano and Honoré (2001) Panel Data Models: Some Recent Developments | 0.644 | 2 | 2 | 100% |
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