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Economic activity takes place at the intersection of the global (large firms, international markets and the state) and the local (the overlapping neighbourhoods of friends, family and colleagues, buyers and suppliers). Networks offer a framework that combines local interactions within large interconnected populations.

Cambridge economists working on networks constitute one of the strongest cluster of researchers in this field, anywhere in the world. The group is distinctive its broad expertise that covers theory, experiments (field, laboratory and online) and statistical analyses with Big Data. The group collaborates extensively across disciplines - with computer scientists, engineers, statisticians, physicists and social psychologists.

This research cluster has four themes:

  1. The dynamics of networks
    This theme examines topical problems such as technological innovation, financial contagion, cybersecurity, disease epidemics, supply chain disruptions and international conflict.

  2. Community, Markets and the State
    Here we look at how traditional communities shape the behaviour of individuals and groups in a modern economy. This work has important implications for the optimal design of development policy.

  3. Networked Production
    Combining theory with large-scale datasets on firm-to-firm trade and new empirical methods in computer science, statistics and applied maths, we study the propagation and amplification of firm and industry specific shocks, the diffusion of technology, and the impact of market power on growth.

  4. Public Policy in a Network Economy
    This theme examines the problem of a policy maker intervening in an economic network to attain a collective goal such as reduction in macroeconomic volatility, improving school pupil performance, and maximizing consumer surplus.

Professor Vasco Carvalho
Professor of Macroeconomics
Director of the Janeway Institute

Research Interests
Macroeconomics; Networks in Economics; Applied Econometrics

Professor Matthew Elliott
Professor of Economics
Faculty Executive Director of Research

Research Interests
Networked Markets; Network Games; Bargaining; Cascades on Networks; Search; Matching


Dr Edoardo Gallo
University Associate Professor

Research Interests
Experimental economics, networks, behavioural economics

Professor Sanjeev Goyal
Arthur C. Pigou Professor of Economics

Research Interests
Economic Theory, Networks.


Current Visitors


Prof Syngjoo Choi
Professor, Department of Economics, Seoul National University

Research
Experimental economics and behavioral economics with particular emphasis on large-scale data collection with experimental methods in order to measure and identify impacts of policies.

Visiting between:
(03 Aug 2023 - 11 Aug 2023)

Host: Sanjeev Goyal

Prof Kaivan Munshi
Professor of Economics at Yale

Research
Development Economics

Visiting between:
(12 Jun 2023 - 24 Jun 2023)

Host: Sanjeev Goyal


Prof. Bryony Reich
Assistant Professor in the Strategy Department at Kellogg School of Management, Northwestern University.

Research
Applied Theory, Networks, and Political Economy

Visiting between:
(29 May 2023 - 23 Jun 2023)

Host: Sanjeev Goyal

Prof. Daniel Zizzo
Academic Dean and Head of School for the School of Economics, University of Queensland

Research
Macroeconomic and Microeconomic Applications of Theoretical Ideas, such as in the context of Health Behaviour and Unlawful File-Sharing

Visiting between:
(03 Jan 2023 - 19 Jan 2023)

Host: Matthew Elliott


Prof. Drew Fudenberg
Paul A. Samuelson Professor of Economics at MIT

Research
Behavioral Economics, Economic Theory, Industrial Organization

Visiting between:
(07 Nov 2022 - 07 Nov 2022)

Host: Matthew Elliott

Prof Christian Ghiglino
Head of the Department of Economics at the University of Essex

Research
Economic Theory, Growth, Networks, Wealth Inequality, and Fiscal Policy

Visiting between:
(01 Oct 2022 - 31 Mar 2024)

Host: Sanjeev Goyal


Tizié Bene
PhD student, Aix-Marseille Université, Faculté d'économie et de gestion (FEG)

Research
Networks, Game Theory and Development Economics

Visiting between:
(29 May 2022 - 31 Jul 2022)

Host: Matthew Elliott

Gabriella Stockler
PhD Candidate at UAB-BSE, Barcelona

Research
Economic and Social Networks, Finance, Information

Visiting between:
(22 May 2022 - 22 Jul 2022)

Host: Vasco Carvalho


Prof Eric Maskin
Adams University Professor and Professor of Economics and Mathematics at Harvard

Research
Game Theory, Contract Theory, Social Choice Theory, Political Economy

Visiting between:
(09 May 2022 - 09 May 2022)

Host: Matthew Elliott

Melika Liporace
Bocconi University

Research
Applied Microeconomic Theory, Networks, Game Theory and Political Economy

Visiting between:
(01 Apr 2022 - 30 Jun 2022)

Host: Matthew Elliott


Dr Marcin Dziubinksi
Assistant Professor, University of Warsaw

Research
Research interests span from theory of multiagent systems (modal logics of agency) and computational complexity theory to game theory, social choice and theoretical economics (spatial games, allocation games, networks

Visiting between:
(07 Sep 2020 - 13 Sep 2020)

Host: Sanjeev Goyal

and Cambridge-INET

Gurbachan Singh
Indian Statistical Institute, Delhi Centre

Research
Macro-Financial Stability; the interface between Financial Economics and Macroeconomics.

Visiting between:
(29 Jul 2019 - 04 Aug 2019)

Host: Sanjeev Goyal

and Cambridge-INET


Prof Syngjoo Choi
Seoul National University

Research
Experimental Economics, Behavioral Economics

Visiting between:
(29 Jul 2019 - 04 Aug 2019)

Host: Sanjeev Goyal

and Cambridge-INET

Dr Chen Wang
University of Hong Kong

Research
Time Series Analysis, High-dimensional Data Analysis

Visiting between:
(01 Jul 2019 - 31 Dec 2019)

Host: Alexey Onatskiy

and Cambridge-INET


Dr Romans Pancs
Assistant Professor, Instituto Tecnológico Autónomo de México (ITAM)

Research
Markets and Auctions

Visiting between:
(25 May 2019 - 26 Jun 2019)

Host: Sanjeev Goyal

and Cambridge-INET

Dr Junjie Zhou
National University of Singapore

Research
Economics of networks, IO, Game Theory

Visiting between:
(25 May 2019 - 02 Jun 2019)

Host: Sanjeev Goyal

and Cambridge-INET


Prof Georg Noeldeke
University of Basel

Research
Microeconomic Theory, Game Theory, and Social Evolution

Visiting between:
(19 May 2019 - 23 May 2019)

Host: Matthew Elliott

and Cambridge-INET

Dr Marco van der Leij
University of Amsterdam

Research
Economics of Networks

Visiting between:
(09 May 2019 - 10 May 2019)

Host: Sanjeev Goyal

and Cambridge-INET


Prof Patrick Legros
Universite Libre de Bruxelles

Research
Theory of contracts, Microeconomics, Industrial organization, Competition policy and regulation

Visiting between:
(01 Mar 2019 - 08 Mar 2019)

Host: Sanjeev Goyal

and Cambridge-INET

Dr Selman Erol
Tepper School of Business, Carnegie Mellon University

Research
Economic theory, Financial networks, and Network formation

Visiting between:
(21 Feb 2019 - 04 Mar 2019)

Host: Sanjeev Goyal

and Cambridge-INET


 
 
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