Sanjeev Goyal - Networks Origins, systemic risks, public policy

Sanjeev Goyal - Networks Origins, systemic risks, public policy

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Business

University

Hard

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The video discusses the role of networks in economics, focusing on their structures, incentives for formation, and implications for systemic risk and public policy. It highlights the core-periphery structure and small-world features of networks, using examples from financial, social, and transport networks. The speaker emphasizes the importance of understanding incentives and externalities in network formation and the potential role of public policy in regulating networks to mitigate risks and enhance resilience.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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