Social Network Analysis in Frontier Capital Markets

Abstract

The study of frontier capital markets provides a unique opportunity to examine the network-based intersection of human behavior and economics. The individual motivations, information availability, transaction systems, and cultural realities in these markets provide a rich context of study. A social network analysis reveals interesting insights about how interrelationships among actors and organizations affect market operations and development. Network analysis provides both a visual and mathematical representation of the relationships and information flows between people, organizations, and functions, enabling one to describe capital market structure and function in innovative ways. This research focuses on the capital markets in three frontier markets, Ghana, Tanzania, and Trinidad and Tobago, providing insights to economists seeking to understand the interconnections between economic actors and their affects on financial markets and economic conditions. Data collection challenges resulted in models that may be incomplete. However, this analytic approach and the unique methodology for data collection can be used by researchers in the fields of economics and network sciences and may be applicable to other types of real-world, complex datasets.

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Document Details

Document Type
Technical Report
Publication Date
Jun 01, 2012
Accession Number
ADA565112

Entities

People

  • Brian Macdonald
  • Csilla Szabo
  • Daniel Evans
  • Margaret Moten

Organizations

  • United States Military Academy

Tags

DTIC Thesaurus Topics

  • Commerce
  • Economic Analysis
  • Economic Development
  • Economic Policy
  • Economic Systems
  • Economics
  • Human Behavior
  • Investments
  • Money
  • Network Science
  • Network Topology
  • Professional Associations
  • Social Networks
  • Social Sciences
  • Star Networks
  • United States Military Academy
  • West Indies

Fields of Study

  • Economics

Readers

  • Economics
  • Neural Network Machine Learning.
  • Systems Analysis and Design