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A Note on Symmetry in Job Contact Networks

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Artificial Markets Modeling

Part of the book series: Lecture Notes in Economics and Mathematical Systems ((LNE,volume 599))

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Abstract

Since the seminal work of Granovetter (1995), the sociological literature highlighted the importance of social relationships, like friends, relatives and acquaintances, as sources of information on jobs in labor markets. Such importance is also confirmed by a number of empirical studies.3 More recently, economists have devoted considerable attention to this topic,4 so that the study of individual and aggregate economic outcomes produced by the presence of social relationships in labor markets is becoming a fruitful research area in economics.

See Montgomery (1991) for further discussion and references.

See Ioannides and Loury (2004) for a survey.

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Lavezzi, A.M., Meccheri, N. (2007). A Note on Symmetry in Job Contact Networks. In: Consiglio, A. (eds) Artificial Markets Modeling. Lecture Notes in Economics and Mathematical Systems, vol 599. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-73135-1_11

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