Advanced Course in Economics IV

Teacher(s)

Vannetelbosch Vincent;

Language

English

Content

Network Science and Economics
The goal of the course is to provide the tools for understanding how and why networks form, how they influence behavior in an interactive world, how they shape collective decision making, opinion formation, and diffusion dynamics. The course puts emphasis on economic models of network formation (R&D collaborations; Interantional trade; Labor market; Risk-sharing; Pricing).
Content:

• Representing, Measuring and Analyzing Networks
• Learning and Diffusion on Networks
• Games and Behavior on Networks
• Game-Theoretic Modeling of Network Formation

Teaching methods

The course consists of lectures. The topics will be introduced during the lectures.
Compulsory homeworks will be assigned to students. Reading assignments are also possible.

Evaluation methods

Homework (25%) + Presentation of a research article (50%) + Writing of a research proposal (25%) 

Online resources

Slides, homeworks, exercises, compulsory readings will be available on the course webpage on Moodle UCL (http://moodleucl.uclouvain.be/).

Bibliography

• Social and economic networks by Matthew O. Jackson, Princeton University Press (2008).
• Connections by Sanjeev Goyal, Princeton University Press (2007).
• Network science by Albert-Laszlo Barabasi, Cambridge University Press (2016).
• The Oxford handbook of the economics of networks edited byYann Bramoullé, Andrea Galeotti and Brian W. Rogers, Oxford University Press (2016).

Faculty or entity

ECON