A social interaction model with ordered choices

C-Tier
Journal: Economics Letters
Year: 2017
Volume: 161
Issue: C
Pages: 86-89

Authors (2)

Liu, Xiaodong (University of Colorado) Zhou, Jiannan (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We introduce a social interaction model with ordered choices. We provide a micro-foundation for the econometric model based on an incomplete information network game, and characterize the sufficient condition for the existence of a unique equilibrium of the game. We discuss the identification of the model, and propose to estimate the model by the NFXP and NPL algorithms. We conduct Monte Carlo simulations to investigate the finite sample performance of these two estimation methods.

Technical Details

RePEc Handle
repec:eee:ecolet:v:161:y:2017:i:c:p:86-89
Journal Field
General
Author Count
2
Added to Database
2026-01-25