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Knowledge acquisition by consumers is a key process in the diffusion of innovations. However, in standard theories of the representative agent, agents do not learn and innovations are adopted instantaneously. Here, we show that in a…

Economics · Quantitative Finance 2018-07-02 Jean-Francois Mercure

We propose a family of models to study the evolution of ties in a network of interacting agents by reinforcement and penalization of their connections according to certain local laws of interaction. The family of stochastic dynamical…

Physics and Society · Physics 2016-06-01 Augusto Almeida Santos , Soummya Kar , Ramayya Krishnan , José M. F. Moura

We develop a general framework for incorporating distributional preferences in market design. We identify the structural properties of these preferences that guarantee the path independence of choice rules. In decentralized settings, a…

Theoretical Economics · Economics 2026-02-10 Federico Echenique , Teddy Mekonnen , M. Bumin Yenmez

Generalized linear models are often assumed to fit propensity scores, which are used to compute inverse probability weighted (IPW) estimators. In order to derive the asymptotic properties of IPW estimators, the propensity score is supposed…

Methodology · Statistics 2017-04-25 Julieta Molina , Mariela Sued , Marina Valdora

Given only aggregate choice data and limited information about how menus are distributed across the population, we describe what can be inferred robustly about the distribution of preferences (or more general decision rules). We strengthen…

Theoretical Economics · Economics 2024-05-16 Larry G Epstein , Kaushil Patel

Deterministic complex networks that use iterative generation algorithms have been found to more closely mirror properties found in real world networks than the traditional uniform random graph models. In this paper we introduce a new,…

Combinatorics · Mathematics 2022-09-05 Erin Meger , Abigail Raz

We investigate a variation of the classical voter model in which the set of influencing agents depends on an individual's current opinion. The initial population consists of a random sample of equally sized sub-populations for each state,…

Physics and Society · Physics 2025-09-30 Francisco J. Muñoz , Juan Carlos Nuño

Status signaling drives human behavior and the allocation of scarce resources such as mating opportunities, yet the generative mechanisms governing how specific goods, signals, or behaviors acquire prestige remain a puzzle. Classical…

Multiagent Systems · Computer Science 2026-03-16 Logan Cross , Jordi Grau-Moya , William A. Cunningham , Alexander Sasha Vezhnevets , Joel Z. Leibo

This paper investigates social interactions in endogenous groups. We specify a two-sided many-to-one matching model, where individuals select groups based on preferences, while groups admit individuals based on qualifications until reaching…

Econometrics · Economics 2025-05-06 Shuyang Sheng , Xiaoting Sun

Accurate modeling of opinion dynamics has the potential to help us understand polarization and what makes effective political discourse possible or impossible. Here, we use physics-based methods to model the evolution of political opinions…

Physics and Society · Physics 2020-10-07 David Sabin-Miller , Daniel M. Abrams

This paper considers a discrete-time opinion dynamics model in which each individual's susceptibility to being influenced by others is dependent on her current opinion. We assume that the social network has time-varying topology and that…

Social and Information Networks · Computer Science 2024-10-24 Ji Liu , Mengbin Ye , Brian D. O. Anderson , Tamer Başar , Angelia Nedić

How does social network structure amplify or stifle behavior diffusion? Existing theory suggests that when social reinforcement makes the adoption of behavior more likely, it should spread more -- both farther and faster -- on clustered…

Social and Information Networks · Computer Science 2025-07-11 Allison Wan , Christoph Riedl , David Lazer

We bound features of counterfactual choices in the nonparametric random utility model of demand, i.e. if observable choices are repeated cross-sections and one allows for unrestricted, unobserved heterogeneity. In this setting, tight bounds…

Econometrics · Economics 2019-05-21 Yuichi Kitamura , Jörg Stoye

The voter model is a classical interacting particle system, modelling how global consensus is formed by local imitation. We analyse the time to consensus for a particular family of voter models when the underlying structure is a scale-free…

Probability · Mathematics 2024-01-11 John Fernley

We analyze Axelrod's model of social interactions on coevolving complex networks. We introduce four extensions with different mechanisms of edge rewiring. The models are intended to catch two kinds of interactions - preferential attachment,…

Physics and Society · Physics 2018-05-03 Tomasz Raducha , Tomasz Gubiec

In this paper, we present a novel model to characterize individual tendencies in repeated decision-making scenarios, with the goal of designing model-based control strategies that promote virtuous choices amidst social and external…

Systems and Control · Electrical Eng. & Systems 2025-03-06 Chiara Ravazzi , Valentina Breschi , Paolo Frasca , Fabrizio Dabbene , Mara Tanelli

We study group decision making with changing preferences as a Markov Decision Process. We are motivated by the increasing prevalence of automated decision-making systems when making choices for groups of people over time. Our main…

Multiagent Systems · Computer Science 2020-11-06 Kshitij Kulkarni , Sven Neth

We investigate consensus formation and the asymptotic consensus times in stylized individual- or agent-based models, in which global agreement is achieved through pairwise negotiations with or without a bias. Considering a class of…

Physics and Society · Physics 2011-06-30 W. Zhang , C. Lim , S. Sreenivasan , J. Xie , B. K. Szymanski , G. Korniss

We consider continuous-time models with a large panel of moment conditions, where the structural parameter depends on a set of characteristics, whose effects are of interest. The leading example is the linear factor model in financial…

Econometrics · Economics 2018-12-04 Yuan Liao , Xiye Yang

This paper introduces nonparametric econometric methods that characterize general power law distributions under basic stability conditions. These methods extend the literature on power laws in the social sciences in several directions.…

Economics · Quantitative Finance 2016-06-07 Ricardo T. Fernholz