Economic aspects of social networks as an informal institute

Authors

  • K.A. Bukin National Reserch University Higher School of Economics
  • E.V. Pertsova The Russian Presidential Academy of National Economy and Public Administration image/svg+xml , The Russian Presidential Academy of National Economy and Public Administration image/svg+xml

Keywords:

Informal institutions, Model of network membership, Social networks

Abstract

The article discusses the mechanisms of informal institutions and their main functions. Special attention is paid to social networks as an example of an informal mechanism. The main attraction is given to the model of membership in a network as a dynamic game with incomplete and asymmetric information.

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Author Biographies

  • K.A. Bukin , National Reserch University Higher School of Economics

    Cand. Sci. (Phys. and Math.), Assoc. Prof. Department of Economic Theory 

  • E.V. Pertsova , The Russian Presidential Academy of National Economy and Public Administration, The Russian Presidential Academy of National Economy and Public Administration

    Cand. Sci. (Econ.), Assoc. Prof. Department of Microeconomics

References

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Published

2017-09-30

Issue

No. 3 (2017): July – September

Section

Economic Theory

How to Cite

Bukin , K., & Pertsova , E. (2017). Economic aspects of social networks as an informal institute. Eurasian Journal of Economics and Management, 3, 5-11. https://journals.vsu.ru/econ/article/view/9132