EconBase
← All papers

Discrete Choice with Endogenous Peer Selection

Nail Kashaev, Natalia Lazzati

arXiv 26 Nov 2025 · Econometrics

arXiv:2511.21446 · PDF · DOI · OpenAlex · Extracted main text

Abstract

We develop a continuous-time peer-effect discrete choice model where peers that affect the preferences of a given agent are randomly selected based on their previous choices. We characterize the equilibrium behavior and study the empirical content of the model. In the model, changes in the choices of peers affect both the set of peers the agent pays attention to and her preferences over the alternatives. We exploit variation in choices coupled with variation in the size of the set of potential peers to recover agents' preferences and the peer selection mechanism. These nonparametric identification results do not rely on exogenous variation of covariates.

Citation extraction

20
references
26
in-text mentions
20
distinct cited
0
self-citations
6,303
main-text words

appendix boundary found by appendix_command · 80% of the source is main text. Read the extracted text to check this.

Most heavily cited references

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.

ReferenceIntensityMentionsSectionsMain text
1Blevins (2017) Identifying restrictions for finite parameter continuous time models with discrete time data0.73732100%
2Kashaev, Lazzati and Xiao (2025) Peer effects in consideration and preferences0.73732100%
3Aguiar, Boccardi, Kashaev and Kim (2023) Random utility and limited consideration0.64422100%
4Blevins (2018) Identification and estimation of continuous time dynamic discrete choice games0.64422100%
5Badev (2021) Nash equilibria on (un)stable networks0.40511100%
6Boucher and Mourifie (2017) My friend far, far away: a random field approach to exponential random graph models0.40511100%
7Chandrasekhar (2016) Econometrics of network formation0.40511100%
8De Paula (2017) Econometrics of network models0.40511100%
9de Paula, Richards-Shubik and Tamer (2018) Identifying preferences in networks with bounded degree0.40511100%
10Durlauf and Young (2001) Social dynamics0.40511100%

Showing the top 10 of 20 scored citations.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1Semiparametric Dynamic Logit Model with Endogenous Networks0.40511