Social inference and occupational choice: Type-based beliefs in a Bayesian model of class formation

B-Tier
Journal: Journal of Behavioral and Experimental Economics
Year: 2014
Volume: 51
Issue: C
Pages: 30-37

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

Beliefs are a key motivator of individual behavior. As such, an understanding of how individuals’ beliefs develop is a prerequisite to understanding decision-making and behavior. While rational choice theory posits a Bayesian framework for belief formation, status construction theories argue that beliefs are strongly influenced by status typifications. In this paper, we develop a Bayesian model of belief formation in which individuals use (irrelevant) information on others’ observable type to bias their beliefs. This model is used to analyze a simple occupational choice setting, thereby shedding light on the micro–macro inter-relationship between observable type (e.g. race, gender) and social class.

Technical Details

RePEc Handle
repec:eee:soceco:v:51:y:2014:i:c:p:30-37
Journal Field
Experimental
Author Count
1
Added to Database
2026-01-26