Social Networks and Economic Development
Social networks represent the evolving social fabric that underlies processes of development. They are, for example, one of the key channels through which all kinds of information (concerning technologies, norms, etc.) flows throughout the economy. Social networks also provide the "collateral" that allows agents to rein opportunistic incentives and thus permits their collaboration in projects that exploit complementary skills. These issues are studied both theoretically and empirically.
Fernando Vega Redondo
- "Threshold learning dynamics in social networks," joint with Juan Carlos González, Víctor Eguiluz, Matteo Marsili, and Maxi San Miguel.
- "Social networks, institutions, and the process of globalization” joint with Georg Duernecker.