Behavioral Influence
نویسندگان
چکیده
Abstract In the context of stochastic choice, we introduce an individual decision model that admits a cardinal notion peer influence. The presumes choice is not only determined by idiosyncratic evaluations alternatives but also influence observed behavior others. We establish equilibrium defined unique, stable, and falsifiable. Moreover, underlying preferences parameters as well structure network are uniquely identified from, arguably, limited data. baseline includes two individuals with conformity motives. Generalizations to multi-individual settings negative interactions introduced analyzed.
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ژورنال
عنوان ژورنال: Journal of the European Economic Association
سال: 2022
ISSN: ['1542-4766', '1542-4774']
DOI: https://doi.org/10.1093/jeea/jvac028