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From Graph Theory to Models of Economic Networks. A Tutorial

In: Networks, Topology and Dynamics

Author

Listed:
  • D. König Michael

    (Chair of Systems Design, ETH Zurich)

  • Stefano Battiston

    (Chair of Systems Design, ETH Zurich)

Abstract

Networks play an important role in a wide range of economic phenomena. Despite this fact, standard economic theory rarely considers economic networks explicitly in its analysis. However, a major innovation in economic theory has been the use of methods stemming from graph theory to describe and study relations between economic agents in networks. This recent development has lead to a fast increase in theoretical research on economic networks. In this tutorial, we introduce the reader to some basic concepts used in a wide range of models of economic networks.

Suggested Citation

  • D. König Michael & Stefano Battiston, 2009. "From Graph Theory to Models of Economic Networks. A Tutorial," Lecture Notes in Economics and Mathematical Systems, in: Ahmad K. Naimzada & Silvana Stefani & Anna Torriero (ed.), Networks, Topology and Dynamics, pages 23-63, Springer.
    • Handle: RePEc:spr:lnechp:978-3-540-68409-1_2
    DOI: 10.1007/978-3-540-68409-1_2
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    Cited by:

    1. Michele Bernini & Georgios Efthyvoulou & Ian Gregory-Smith & Jolian McHardy & Antonio Navas, 2021. "Interlocking directorships and patenting coordination," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 30(4), pages 382-411, May.
    2. Rosati, Nicoletta & Bomprezzi, Pietro & Martinez Cillero, Maria, 2024. "Critical dimensions in the empirical measurement of common shareholding," Research in International Business and Finance, Elsevier, vol. 70(PA).
    3. Somayeh Koohborfardhaghighi & Jorn Altmann, 2016. "How Network Visibility and Strategic Networking Leads to the Emergence of Certain Network Characteristics: A Complex Adaptive System Approach," TEMEP Discussion Papers 2016130, Seoul National University; Technology Management, Economics, and Policy Program (TEMEP), revised Aug 2016.
    4. Kazemilari, Mansooreh & Mardani, Abbas & Streimikiene, Dalia & Zavadskas, Edmundas Kazimieras, 2017. "An overview of renewable energy companies in stock exchange: Evidence from minimal spanning tree approach," Renewable Energy, Elsevier, vol. 102(PA), pages 107-117.
    5. Tatiana David-Negre & Arminda Almedida-Santana & Juan M. Hernández & Sergio Moreno-Gil, 2018. "Understanding European tourists’ use of e-tourism platforms. Analysis of networks," Information Technology & Tourism, Springer, vol. 20(1), pages 131-152, December.
    6. Somayeh Koohborfardhaghighi & Jorn Altmann, 2016. "How Strategic Networking Impacts the Networking Outcome: A Complex Adaptive System Approach," TEMEP Discussion Papers 2016131, Seoul National University; Technology Management, Economics, and Policy Program (TEMEP), revised Aug 2016.
    7. SOYYIGIT Semanur & TOPUZ Huseyin & ÖZEKİCİOĞLU Halil, 2020. "An Alternative View To The Global Coal Trade:Complex Network Approach," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 15(1), pages 270-288, April.
    8. Frank Emmert-Streib & Aliyu Musa & Kestutis Baltakys & Juho Kanniainen & Shailesh Tripathi & Olli Yli-Harja & Herbert Jodlbauer & Matthias Dehmer, 2017. "Computational Analysis of the structural properties of Economic and Financial Networks," Papers 1710.04455, arXiv.org.
    9. Renata Del-Vecchio & Jorge Britto & Bruno Oliveira, 2014. "Patterns of university–industry interactions in Brazil: an exploratory analysis using the instrumental of graph theory," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(4), pages 1867-1892, July.
    10. María Jesús Ávila-Gutiérrez & Alejandro Martín-Gómez & Francisco Aguayo-González & Juan Ramón Lama-Ruiz, 2020. "Eco-Holonic 4.0 Circular Business Model to Conceptualize Sustainable Value Chain towards Digital Transition," Sustainability, MDPI, vol. 12(5), pages 1-32, March.
    11. Semanur Soyyiğit & Yasemin Asu Çırpıcı, 2017. "An Input-Output Network Structure Analysis Of Selected Countries," Yildiz Social Science Review, Yildiz Technical University, vol. 3(2), pages 65-88.

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