arXiv 17 Sep 2022 · Theoretical Economics
arXiv:2209.08380 · PDF · DOI · OpenAlex · Extracted main text
The objective of this paper is to identify and analyze the response actions of a set of players embedded in sub-networks in the context of interaction and learning. We characterize strategic network formation as a static game of interactions where players maximize their utility depending on the connections they establish and multiple interdependent actions that permit group-specific parameters of players. It is challenging to apply this type of model to real-life scenarios for two reasons: The computation of the Bayesian Nash Equilibrium is highly demanding and the identification of social influence requires the use of excluded variables that are oftentimes unavailable. Based on the theoretical proposal, we propose a set of simulant equations and discuss the identification of the social interaction effect employing multi-modal network autoregressive.
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The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.
| Reference | Intensity | Mentions | Sections | Main text | |
|---|---|---|---|---|---|
| 1 | Cohen-Cole, E., Liu, X., and Zenou, Y (2018) Multivariate choices and identification of social interactions | 1.000 | 10 | 3 | 100% |
| 2 | Liu, X (2019) Simultaneous equations with binary outcomes and social interactions | 1.000 | 8 | 3 | 100% |
| 3 | De Paula, Á., Richards-Shubik, S., and Tamer, E (2018) Identifying preferences in networks with bounded degree | 1.000 | 6 | 3 | 100% |
| 4 | Jackson, M. O. and Wolinsky, A (1996) A strategic model of social and economic networks | 1.000 | 6 | 3 | 100% |
| 5 | Acemoglu, D., Bimpikis, K., and Ozdaglar, A (2014) Dynamics of information exchange in endogenous social networks | 0.928 | 4 | 3 | 100% |
| 6 | Ballester, C., Calvó-Armengol, A., and Zenou, Y (2006) Who's who in networks. wanted: The key player | 0.928 | 4 | 3 | 100% |
| 7 | Lee, L.-f., Liu, X., and Lin, X (2010) Specification and estimation of social interaction models with network structures | 0.928 | 4 | 3 | 100% |
| 8 | Sheng, S (2020) A structural econometric analysis of network formation games through subnetworks | 0.928 | 4 | 3 | 100% |
| 9 | Graham, B. S (2017) An econometric model of network formation with degree heterogeneity | 0.899 | 11 | 4 | 73% |
| 10 | Renyi, E (1959) On random graph | 0.843 | 3 | 3 | 100% |
Showing the top 10 of 110 scored citations.