The study of social interactions has enriched both the domain of inquiry of economists and the way economists conceptualize individual decision making. The review aims to introduce the classes of models that accommodate estimation of social interactions and to examine the key areas where...

This paper studies purely empirically aspects of the distribution of income within small neighborhoods and contrasts it with the income distribution at higher level of aggregation, such as census tracts and metropolitan areas. It relies on a unique feature of the American Housing Survey, whose...

The paper describes within-neighborhood economic segregation in U.S. metropolitan areas in 1985 and 1993. It uses the neighborhood clusters of the American Housing Survey, standardized by metropolitan area income and household size, to explore income distribution within neighborhoods at a scale...

This paper develops a model of housing decisions which allows for social interactions within residential neighborhoods to impact homeowners' valuation of their own properties. The model is used to structure an empirical investigation with data from the American Housing Survey for 1985 and 1989....

The paper adapts to richer social structures the Brock-Durlauf model of interactive discrete choice, where individuals’ decisions are influenced by the decisions of others. Social structure is modelled by a description of who interacts with whom, by means of a graph, with individuals as...