mathematics of networks

M.E.J. Newman
From The New Palgrave Dictionary of Economics, Second Edition, 2008
Edited by Steven N. Durlauf and Lawrence E. Blume
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Abstract

The patterns of interactions, both economic and otherwise, between individuals, groups or corporations form social networks whose structure can have a substantial effect on economic outcomes. The study of social networks and their implications has a long history in the social sciences and more recently in applied mathematics and related fields. This article reviews the main developments in the area with a focus on practical applications of network mathematics.
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How to cite this article

Newman, M.E.J. "mathematics of networks." The New Palgrave Dictionary of Economics. Second Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2008. The New Palgrave Dictionary of Economics Online. Palgrave Macmillan. 26 August 2016 <http://www.dictionaryofeconomics.com/article?id=pde2008_M000361> doi:10.1057/9780230226203.1064

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