English
Related papers

Related papers: Discrete Choice with Endogenous Peer Selection

200 papers

I introduce a dynamic model of learning and random meetings between a long-lived agent with unknown ability and heterogeneous projects with observable qualities. The outcomes of the agent's matches with the projects determine her posterior…

Theoretical Economics · Economics 2024-04-30 Farzad Pourbabaee

In this work we introduce a new model of decision-making by agents in a social network. Agents have innate preferences over the strategies but, because of the social interactions, the decision of the agents are not only affected by their…

Computer Science and Game Theory · Computer Science 2020-02-05 Angelo Fanelli , Dimitris Fotakis

This paper studies identification and estimation of a dynamic discrete choice model of demand for differentiated product using consumer-level panel data with few purchase events per consumer (i.e., short panel). Consumers are…

Econometrics · Economics 2022-08-19 Victor Aguirregabiria

This paper initiates the study of the testable implications of choice data in settings where agents have privacy preferences. We adapt the standard conceptualization of consumer choice theory to a situation where the consumer is aware of,…

Computer Science and Game Theory · Computer Science 2014-01-03 Rachel Cummings , Federico Echenique , Adam Wierman

We consider a model where an agent is must choose between alternatives that each provide only an imprecise description of the world (e.g. linguistic expressions). The set of alternatives is closed under logical conjunction and disjunction,…

Theoretical Economics · Economics 2024-09-11 Evan Piermont , Marcus Pivato

Most models of social contagion take peer exposure to be a corollary of adoption, yet in many settings, the visibility of one's adoption behavior happens through a separate decision process. In online systems, product designers can define…

Social and Information Networks · Computer Science 2013-11-13 Sean J. Taylor , Eytan Bakshy , Sinan Aral

This paper presents a social learning model where the network structure is endogenously determined by signal precision and dimension choices. Agents not only choose the precision of their signals and what dimension of the state to learn…

Theoretical Economics · Economics 2025-12-02 Nikhil Kumar

Collective adaptation, whether in innovation adoption, pro-environmental or organizational change, emerges from the interplay between individual decisions and social influence. Agent-based modeling provides a useful tool for studying such…

Physics and Society · Physics 2025-10-29 Angelika Abramiuk-Szurlej , Katarzyna Sznajd-Weron

We here discuss a model of continuous opinion dynamics in which agents adjust continuous opinions as a result of random binary encounters whenever their difference in opinion is below a given threshold. We concentrate on the version of the…

Other Condensed Matter · Physics 2009-11-10 Gerard Weisbuch , Guillaume Deffuant , Frederic Amblard

A model where agents show discrete behavior regarding their actions, but have continuous opinions that are updated by interacting with other agents is presented. This new updating rule is applied to both the voter and Sznajd models for…

Physics and Society · Physics 2008-08-11 Andre C. R. Martins

Aggregated phenomena in social sciences and economics are highly dependent on the way individuals interact. To help understanding the interplay between socio-economic activities and underlying social networks, this paper studies a…

Adaptation and Self-Organizing Systems · Physics 2007-05-23 David Chavalarias

We provide new identification results for panel data models with peer effects operating through unobserved individual heterogeneity. The results apply for general network structures governing peer interactions and allow for correlated…

Econometrics · Economics 2021-09-14 Marisa Miraldo , Carol Propper , Christiern Rose

In a co-evolutionary context, the survive probability of individual elements of a system depends on their relation with their neighbors. The natural selection process depends on the whole population, which is determined by local events…

Biological Physics · Physics 2009-11-13 Juan G. Diaz Ochoa

I examine the consequences of modelling contagious influence in a social network with incomplete edge information, namely in the situation where each individual may name a limited number of friends, so that extra outbound ties are censored.…

Methodology · Statistics 2011-01-07 Andrew C. Thomas

Empirical economists are often deterred from the application of fixed effects binary choice models mainly for two reasons: the incidental parameter problem and the computational challenge even in moderately large panels. Using the example…

Econometrics · Economics 2020-10-27 Daniel Czarnowske , Amrei Stammann

Merit based promotion & tenure decision have always been controversial. This paper suggests an agent based model of the decision making processs using spectral graph theory, where the voting agents are the vertices of the graph, and edge…

Social and Information Networks · Computer Science 2017-11-30 Sanjoy Das

Choice modeling has been a central topic in the study of individual preference or utility across many fields including economics, marketing, operations research, and psychology. While the vast majority of the literature on choice models has…

Machine Learning · Statistics 2022-08-22 Zhongze Cai , Hanzhao Wang , Kalyan Talluri , Xiaocheng Li

In this paper we propose a new method of estimation for discrete choice demand models when individual level data are available. The method employs a two-step procedure. Step 1 predicts the choice probabilities as functions of the observed…

Applications · Statistics 2020-10-19 Nick Doudchenko , Evgeni Drynkin

Scientists have been interested in estimating causal peer effects to understand how people's behaviors are affected by their network peers. However, it is well known that identification and estimation of causal peer effects are challenging…

Methodology · Statistics 2021-09-07 Naoki Egami , Eric J. Tchetgen Tchetgen

Bias exists in how we pick leaders, who we perceive as being influential, and who we interact with, not only in society, but in organizational contexts. Drawing from leadership emergence and social influence theories, we investigate…

Multiagent Systems · Computer Science 2023-04-06 Andria L. Smith , Simon Heuschkel , Ksenia Keplinger , Charley M. Wu