arXiv 27 May 2024 · Econometrics
arXiv:2405.17290 · PDF · DOI · OpenAlex · Extracted main text
This paper develops a peer effect model for count responses under rational expectations. The model accounts for heterogeneity in peer effects through groups based on observed characteristics. Identification is based on the linear model condition requiring friends' friends who are not direct friends, which I show extends to a broad class of nonlinear models. Parameters are estimated using a nested pseudo-likelihood approach. An empirical application on students' extracurricular participation reveals that females are more responsive to peers than males. An easy-to-use R package, CDatanet, is available for implementing the model.
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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 | Lee, Lung-fei and Li, Ji and Lin, Xu (2014) Binary choice models with social network under heterogeneous rational expectations | 1.000 | 9 | 4 | 100% |
| 2 | Brock, William A and Durlauf, Steven N (2001) Discrete choice with social interactions | 1.000 | 6 | 3 | 100% |
| 3 | Yang, Chao and Lee, Lung-fei (2017) Social interactions under incomplete information with heterogeneous expectations | 1.000 | 6 | 3 | 100% |
| 4 | Guerra, José-Alberto and Mohnen, Myra (2022) Multinomial choice with social interactions: Occupations in Victorian London | 0.941 | 6 | 4 | 83% |
| 5 | Blume, Lawrence E and Brock, William A and Durlauf, Steven N and Jay… (2015) Linear social interactions models | 0.874 | 7 | 2 | 100% |
| 6 | Bramoullé, Yann and Djebbari, Habiba and Fortin, Bernard (2009) Identification of peer effects through social networks | 0.874 | 6 | 2 | 100% |
| 7 | Aguirregabiria, Victor and Mira, Pedro (2007) Sequential estimation of dynamic discrete games | 0.843 | 4 | 3 | 75% |
| 8 | Liu, Xiaodong and Zhou, Jiannan (2017) A social interaction model with ordered choices | 0.843 | 3 | 3 | 100% |
| 9 | Xu, Xingbai and Lee, Lung-fei (2015) Maximum likelihood estimation of a spatial autoregressive Tobit model | 0.811 | 4 | 2 | 100% |
| 10 | Calvó-Armengol, Antoni and Patacchini, Eleonora and Zenou, Yves (2009) Peer effects and social networks in education | 0.737 | 3 | 2 | 100% |
Showing the top 10 of 36 scored citations.
arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.