Artikel
Choosing on influence
Interaction, the act of mutual influence, is an essential part of daily life and economic decisions. This paper presents an individual decision procedure for interacting individuals. According to our model, individuals seek influence from each other for those issues that they cannot solve on their own. Following a choice-theoretic approach, we provide simple properties that aid us to detect interacting individuals. Revealed preference analysis not only grants underlying preferences, but also the influence acquired.
- Language
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Englisch
- Bibliographic citation
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Journal: Theoretical Economics ; ISSN: 1555-7561 ; Volume: 12 ; Year: 2017 ; Issue: 2 ; Pages: 477-492 ; New Haven, CT: The Econometric Society
- Classification
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Wirtschaft
Microeconomic Behavior: Underlying Principles
Consumer Economics: Theory
- Subject
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Interaction
social influence
boundedly rational decision making
two-stage maximization
incomplete preferences
- Event
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Geistige Schöpfung
- (who)
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Cuhadaroglu, Tugce
- Event
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Veröffentlichung
- (who)
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The Econometric Society
- (where)
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New Haven, CT
- (when)
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2017
- DOI
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doi:10.3982/TE2170
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Cuhadaroglu, Tugce
- The Econometric Society
Time of origin
- 2017