Arbeitspapier

Linear social interactions models

This paper provides a systematic analysis of identification in linear social interactions models. This is both a theoretical and an econometric exercise as the analysis is linked to a rigorously delineated model of interdependent decisions. We develop an incomplete information game that describes individual choices in the presence of social interactions. The equilibrium strategy profiles are linear. Standard models in the empirical social interactions literature are shown to be exact or approximate special cases of our general framework, which in turn provides a basis for understanding the microeconomic foundations of those models. We consider identification of both endogenous (peer) and contextual social effects under alternative assumptions on a priori information about network structure available to an analyst, and contrast the informational content of individual-level and aggregated data. Finally, we discuss potential ramifications for identification of endogenous group selection and differences between the information sets of analysts and agents.

Sprache
Englisch

Erschienen in
Series: Reihe Ökonomie / Economics Series ; No. 298

Klassifikation
Wirtschaft
Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Multiple or Simultaneous Equation Models: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
Multiple or Simultaneous Equation Models: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
Noncooperative Games
Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
Thema
Social interactions
identification
incomplete information games
Soziale Beziehungen
Soziales Verhalten
Unvollkommene Information
Nichtkooperatives Spiel
Theorie

Ereignis
Geistige Schöpfung
(wer)
Blume, Lawrence E.
Brock, William A.
Durlauf, Steven N.
Jayaraman, Rajshri
Ereignis
Veröffentlichung
(wer)
Institute for Advanced Studies (IHS)
(wo)
Vienna
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Blume, Lawrence E.
  • Brock, William A.
  • Durlauf, Steven N.
  • Jayaraman, Rajshri
  • Institute for Advanced Studies (IHS)

Entstanden

  • 2013

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