Identification of Binary Choice Models with Social Interactions

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ISBN 13 :
Total Pages : 59 pages
Book Rating : 4.:/5 (544 download)

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Book Synopsis Identification of Binary Choice Models with Social Interactions by : William A. Brock

Download or read book Identification of Binary Choice Models with Social Interactions written by William A. Brock and published by . This book was released on 2005 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Multinomial Choice with Social Interactions

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Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Multinomial Choice with Social Interactions by : William A. Brock

Download or read book Multinomial Choice with Social Interactions written by William A. Brock and published by . This book was released on 2003 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a model of individual decisionmaking in the presence of social interactions when the number of available choices is finite. We show how a multinomial logit model framework may be used to model such decisions in a way that permits a tight integration of theory and econometrics. Conditions are given under which aggregate choice behavior in a population exhibits multiple self-consistent equilibria. An econometric version of the model is shown to be identified under relatively weka conditions. That analysis is extended to allow for general error distributions and some preliminary ways to account for the endogeneity of group memberships are developed.

Interactions-based Models

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ISBN 13 :
Total Pages : 146 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Interactions-based Models by : William A. Brock

Download or read book Interactions-based Models written by William A. Brock and published by . This book was released on 2000 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes a range of methods which have been proposed to study interactions in economic and social contexts. By interactions, we refer to interdependences between individual decisions which are not mediated by markets. These types of models have been employed to understand phenomena ranging from the effect of neighborhoods on the life prospects of children to the evolution of political party platforms. We provide a general choice-based framework for modeling such interactions which subsumes a number of specific models which have been studied. This framework illustrates the relationship between interactions-based models and models in statistical mechanics. Our analysis is then extended to the econometrics of these models, with an emphasis on the identification of group-level influences on individual behavior. Finally, we review some of the empirical work on interactions which has appeared in the social science literature.

Identification and estimation in binary choice models with limited dependent variables

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ISBN 13 :
Total Pages : 74 pages
Book Rating : 4.:/5 (255 download)

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Book Synopsis Identification and estimation in binary choice models with limited dependent variables by : Lung-Fei Lee

Download or read book Identification and estimation in binary choice models with limited dependent variables written by Lung-Fei Lee and published by . This book was released on 1977 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Handbook of Social Economics SET: 1A, 1B

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Publisher : Newnes
ISBN 13 : 0444537139
Total Pages : 1509 pages
Book Rating : 4.4/5 (445 download)

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Book Synopsis Handbook of Social Economics SET: 1A, 1B by : Jess Benhabib

Download or read book Handbook of Social Economics SET: 1A, 1B written by Jess Benhabib and published by Newnes. This book was released on 2011 with total page 1509 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can economists define and measure social preferences and interactions? Through the use of new economic data and tools, our contributors survey an array of social interactions and decisions that typify homo economicus. Identifying economic strains in activities such as learning, group formation, discrimination, and the creation of peer dynamics, they demonstrate how they tease out social preferences from the influences of culture, familial beliefs, religion, and other forces. Advances our understanding about quantifying social interactions and the effects of culture Summarizes research on theoretical and applied economic analyses of social preferences Explores the recent willingness among economists to consider new arguments in the utility function

Discrete Choice with Social Interactions I

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Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (258 download)

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Book Synopsis Discrete Choice with Social Interactions I by : William A. Brock

Download or read book Discrete Choice with Social Interactions I written by William A. Brock and published by . This book was released on 1995 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an analysis of aggregate behavioral outcomes when individual utility exhibits social interaction effects. We study generalized logistic models of individual choice which incorporate terms reflecting the desire of individuals to conform to the behavior of others in an environment of noncooperative decisionmaking. Laws of large numbers are generated in such environments. Multiplicity of equilibria in these models, which are equivalent to the existence of multiple self-consistent means for average choice behavior, will exist when the social interactions exceed a particular threshold. Local stability of these multiple equilibria is also studied. The properties of the noncooperative economy are contrasted with the properties of an economy in which a social planner determines the set of individual choices. The model is additionally shown to be well suited to explaining a number of empirical phenomena, such as threshold effects in individual behavior, ethnic group fixed effects of income equations, and large cross-group differences in binary choice behavior.

Post Walrasian Macroeconomics

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Publisher : Cambridge University Press
ISBN 13 : 1139459058
Total Pages : 33 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Post Walrasian Macroeconomics by : David Colander

Download or read book Post Walrasian Macroeconomics written by David Colander and published by Cambridge University Press. This book was released on 2006-07-17 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomics is evolving in an almost dialectic fashion. The latest evolution is the development of a new synthesis that combines insights of new classical, new Keynesian and real business cycle traditions into a dynamic, stochastic general equilibrium (DSGE) model that serves as a foundation for thinking about macro policy. That new synthesis has opened up the door to a new antithesis, which is being driven by advances in computing power and analytic techniques. This new synthesis is coalescing around developments in complexity theory, automated general to specific econometric modeling, agent-based models, and non-linear and statistical dynamical models. This book thus provides the reader with an introduction to what might be called a Post Walrasian research program that is developing as the antithesis of the Walrasian DSGE synthesis.

The Econometric Analysis of Network Data

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Publisher : Academic Press
ISBN 13 : 0128117729
Total Pages : 246 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis The Econometric Analysis of Network Data by : Bryan Graham

Download or read book The Econometric Analysis of Network Data written by Bryan Graham and published by Academic Press. This book was released on 2020-05-15 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Econometric Analysis of Network Data serves as an entry point for advanced students, researchers, and data scientists seeking to perform effective analyses of networks, especially inference problems. It introduces the key results and ideas in an accessible, yet rigorous way. While a multi-contributor reference, the work is tightly focused and disciplined, providing latitude for varied specialties in one authorial voice. Answers both ‘why’ and ‘how’ questions in network analysis, bridging the gap between practice and theory allowing for the easier entry of novices into complex technical literature and computation Fully describes multiple worked examples from the literature and beyond, allowing empirical researchers and data scientists to quickly access the ‘state of the art’ versioned for their domain environment, saving them time and money Disciplined structure provides latitude for multiple sources of expertise while retaining an integrated and pedagogically focused authorial voice, ensuring smooth transition and easy progression for readers Fully supported by companion site code repository 40+ diagrams of ‘networks in the wild’ help visually summarize key points

Handbook of Social Economics

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Publisher : Elsevier
ISBN 13 : 0444537074
Total Pages : 570 pages
Book Rating : 4.4/5 (445 download)

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Book Synopsis Handbook of Social Economics by : Jess Benhabib

Download or read book Handbook of Social Economics written by Jess Benhabib and published by Elsevier. This book was released on 2010-11-12 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through the use of new economic data and tools, the contributors survey an array of social interactions and decisions that typify homo economicus. Their work brings order to the sometimes conflicting claims that countries, environments, beliefs, and other influences make on our economic decisions.

Spatial Econometrics: Spatial Autoregressive Models

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Publisher : World Scientific
ISBN 13 : 9811270503
Total Pages : 894 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Spatial Econometrics: Spatial Autoregressive Models by : Lung-fei Lee

Download or read book Spatial Econometrics: Spatial Autoregressive Models written by Lung-fei Lee and published by World Scientific. This book was released on 2023-10-16 with total page 894 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the most recently developed book in Spatial Econometrics which cover important models and estimation methods. Its coverage is rather broad, and some of the topics covered have only been developed in the recent econometric literature in spatial econometrics.The book summarizes our devoted efforts on spatial econometrics that represent joint contributions with former PhD advisees from the Ohio State University in Columbus, Ohio, USA.The coverage is comprehensive and there are a total of sixteen chapters from basic statistics and statistical theory of linear-quadratic forms, law of large numbers (LLN) and central limit theory (CLT) on martingales to nonlinear spatial mixing and spatial near-epoch dependence theories, which can justify the statistic inferences for various spatial models and their estimation. New estimation and testing approaches in empirical likelihood and general empirical likelihood, and Bootstrapping are presented. Model selection is also discussed in this book. In addition to the popular spatial autoregressive models, there are chapters on multivariate SAR models, simultaneous SAR models, and panel dynamic spatial models. Recent econometric developments on intertemporal spatial models with rational expectations and flows data in trade theory will also be included. In terms of statistics, classical estimation, testing and inference are the main concerns, and we provide classical inference for the justification of Bayesian simulation approaches.

Methods in Social Epidemiology

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Publisher : John Wiley & Sons
ISBN 13 : 9780787985943
Total Pages : 507 pages
Book Rating : 4.9/5 (859 download)

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Book Synopsis Methods in Social Epidemiology by : J. Michael Oakes

Download or read book Methods in Social Epidemiology written by J. Michael Oakes and published by John Wiley & Sons. This book was released on 2006-05-11 with total page 507 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social epidemiology is the study of how social interactions—social norms, laws, institutions, conventia, social conditions and behavior—affect the health of populations. This practical, comprehensive introduction to methods in social epidemiology is written by experts in the field. It is perfectly timed for the growth in interest among those in public health, community health, preventive medicine, sociology, political science, social work, and other areas of social research. Topics covered are: Introduction: Advancing Methods in Social Epidemiology The History of Methods of Social Epidemilogy to 1965 Indicators of Socioeconomic Position Measuring and Analyzing 'Race' Racism and Racial Discrimination Measuring Poverty Measuring Health Inequalities A Conceptual Framework for Measuring Segregation and its Association with Population Outcomes Measures of Residential Community Contexts Using Census Data to Approximate Neighborhood Effects Community-based Participatory Research: Rationale and Relevance for Social Epidemiology Network Methods in Social Epidemiology Identifying Social Interactions: A Review, Multilevel Studies Experimental Social Epidemiology: Controlled Community Trials Propensity Score Matching Methods for Social Epidemiology Natural Experiments and Instrumental Variable Analyses in Social Epidemiology and Using Causal Diagrams to Understand Common Problems in Social Epidemiology. "Publication of this highly informative textbook clearly reflects the coming of age of many social epidemiology methods, the importance of which rests on their potential contribution to significantly improving the effectiveness of the population-based approach to prevention. This book should be of great interest not only to more advanced epidemiology students but also to epidemiologists in general, particularly those concerned with health policy and the translation of epidemiologic findings into public health practice. The cause of achieving a ‘more complete’ epidemiology envisaged by the editors has been significantly advanced by this excellent textbook." —Moyses Szklo, professor of epidemiology and editor-in-chief, American Journal of Epidemiology, Johns Hopkins University "Social epidemiology is a comparatively new field of inquiry that seeks to describe and explain the social and geographic distribution of health and of the determinants of health. This book considers the major methodological challenges facing this important field. Its chapters, written by experts in a variety of disciplines, are most often authoritative, typically provocative, and often debatable, but always worth reading." —Stephen W. Raudenbush, Lewis-Sebring Distinguished Service Professor, Department of Sociology, University of Chicago "The roadmap for a new generation of social epidemiologists. The publication of this treatise is a significant event in the history of the discipline." —Ichiro Kawachi, professor of social epidemiology, Department of Society, Human Development, and Health, Harvard University "Methods in Social Epidemiology not only illuminates the difficult questions that future generations of social epidemiologists must ask, it also identifies the paths they must boldly travel in the pursuit of answers, if this exciting interdisciplinary science is to realize its full potential. This beautifully edited volume appears at just the right moment to exert a profound influence on the field." —Sherman A. James, Susan B. King Professor of Public Policy Studies, professor of Community and Family Medicine, professor of African-American Studies, Duke University

Advances in Economics and Econometrics: Volume 1

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Publisher : Cambridge University Press
ISBN 13 : 1108245668
Total Pages : 350 pages
Book Rating : 4.1/5 (82 download)

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Book Synopsis Advances in Economics and Econometrics: Volume 1 by : Bo Honoré

Download or read book Advances in Economics and Econometrics: Volume 1 written by Bo Honoré and published by Cambridge University Press. This book was released on 2017-11-02 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first of two volumes containing papers and commentaries presented at the Eleventh World Congress of the Econometric Society, held in Montreal, Canada in August 2015. These papers provide state-of-the-art guides to the most important recent research in economics. The book includes surveys and interpretations of key developments in economics and econometrics, and discussion of future directions for a wide variety of topics, covering both theory and application. These volumes provide a unique, accessible survey of progress on the discipline, written by leading specialists in their fields. The first volume includes theoretical and applied papers addressing topics such as dynamic mechanism design, agency problems, and networks.

Binary Choice Models with Discrete Regressors

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (93 download)

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Book Synopsis Binary Choice Models with Discrete Regressors by : Tatiana Komarova

Download or read book Binary Choice Models with Discrete Regressors written by Tatiana Komarova and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Microeconometrics

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Publisher : Springer
ISBN 13 : 0230280811
Total Pages : 365 pages
Book Rating : 4.2/5 (32 download)

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Book Synopsis Microeconometrics by : Steven Durlauf

Download or read book Microeconometrics written by Steven Durlauf and published by Springer. This book was released on 2016-06-07 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.

Advances in Service Science

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Publisher : Springer
ISBN 13 : 3030047261
Total Pages : 293 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Advances in Service Science by : Hui Yang

Download or read book Advances in Service Science written by Hui Yang and published by Springer. This book was released on 2018-12-28 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume offers the state-of-the-art research and developments in service science and related research, education and practice areas. It showcases emerging technology and applications in fields including healthcare, information technology, transportation, sports, logistics, and public services. Regardless of size and service, a service organization is a service system. Because of the socio-technical nature of a service system, a systems approach must be adopted to design, develop, and deliver services, aimed at meeting end users' both utilitarian and socio-psychological needs. Effective understanding of service and service systems often requires combining multiple methods to consider how interactions of people, technology, organizations, and information create value under various conditions. The papers in this volume highlight ways to approach such technical challenges in service science and are based on submissions from the 2018 INFORMS International Conference on Service Science.

The New Palgrave Dictionary of Economics

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Publisher : Springer
ISBN 13 : 1349588024
Total Pages : 7493 pages
Book Rating : 4.3/5 (495 download)

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Book Synopsis The New Palgrave Dictionary of Economics by :

Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.

Handbook of Social Economics

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Publisher : Elsevier
ISBN 13 : 0080932444
Total Pages : 939 pages
Book Rating : 4.0/5 (89 download)

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Book Synopsis Handbook of Social Economics by :

Download or read book Handbook of Social Economics written by and published by Elsevier. This book was released on 2010-11-26 with total page 939 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can economists define social preferences and interactions? Culture, familial beliefs, religion, and other sources contain the origins of social preferences. Those preferences--the desire for social status, for instance, or the disinclination to receive financial support--often accompany predictable economic outcomes. Through the use of new economic data and tools, our contributors survey an array of social interactions and decisions that typify homo economicus. Their work brings order to the sometimes conflicting claims that countries, environments, beliefs, and other influences make on our economic decisions. Describes recent scholarship on social choice and introduces new evidence about social preferences Advances our understanding about quantifying social interactions and the effects of culture Summarizes research on theoretical and applied economic analyses of social preferences