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Many types of economic and social activities involve significant behavioral complementarities (peer effects) with neighbors in the social network. The same activities often exert externalities that cumulate in "stocks" affecting agents' welfare and incentives. For instance, smoking is subject to...
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Smoking, like many health-related behaviors, has "social" aspects. The smoking habits of my neighbors are likely to shape my own smoking habits, due to what is known in economics as “peer effects”. These complementarities in behavior may result from emulation, joint consumption, conformism,...
Persistent link: https://www.econbiz.de/10010904960
We study linear quadratic games played on a network where strategies are complements between neighbors and substitutes between agents at distance-two. We provide micro-founded problems where this pattern of interaction is due to a local congestion effect. Equilibrium behavior systematically...
Persistent link: https://www.econbiz.de/10010934666
Many types of economic and social activities involve signifcant behavioral complementarities (peer effects) with neighbors in the social network. The same activities often exert externalities, that cumulates in "stocks" affecting agents' welfare and incentives. For instance, smoking is subject...
Persistent link: https://www.econbiz.de/10010604797
Many types of economic and social activities involve significant behavioral complementarities (peer effects) with neighbors in the social network. The same activities often exert externalities that cumulate in "stocks" affecting agents' welfare and incentives. For instance, smoking is subject to...
Persistent link: https://www.econbiz.de/10010610790
Smoking, like many health-related behaviors, has "social" aspects. The smoking habits of my neighbors are likely to shape my own smoking habits, due to what is known in economics as “peer effects.” These complementarities in behavior may result from emulation, joint consumption, conformism,...
Persistent link: https://www.econbiz.de/10014158366
Many types of economic and social activities involve significant behavioral complementarities (peer effects) with neighbors in the social network. The same activities often exert externalities that cummulate in 'stocks' affecting agents' welfare and incentives. For instance, smoking is subject...
Persistent link: https://www.econbiz.de/10014161284