“It is important to have better maps of financial networks to understand how a crisis in one country can impact other parts of the world”

00:00 Introduction
00:05 In 1996 you co-authored the seminal paper that introduced the “social networks approach” into economics. What was the key innovation of that research?
01:27 What is homophily, and how can it shape preferences, behaviors, or beliefs?
02:50 Can communication through networks successfully aggregate individuals’ imperfect information and arrive at the truth?
04:36 Your research began as a theoretical model, but you soon started working across a wide range of applied fields. Could you tell us what role social networks play in the labor market?
05:55 How do financial contagions form, and how do they differ from other contagions such as influenza, coronavirus, or other viruses?
07:15 What is the importance of the social networks approach in the design of policies to address inequality or poverty?
08:15 What insights can your research offer into the relationship between social networks and the reduction of international conflicts in the current situation in Eastern Europe?