Preferences and Social Influence

B-Tier
Journal: American Economic Journal: Microeconomics
Year: 2018
Volume: 10
Issue: 3
Pages: 124-42

Authors (2)

Chaim Fershtman (not in RePEc) Uzi Segal (Boston College)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

Interaction between decision makers may affect their preferences. We consider a setup in which each individual is characterized by two sets of preferences: his unchanged core preferences and his behavioral preferences. Each individual has a social influence function that determines his behavioral preferences given his core preferences and the behavioral preferences of other individuals in his group. Decisions are made according to behavioral preferences. The paper considers different properties of these social influence functions and their effect on equilibrium behavior.

Technical Details

RePEc Handle
repec:aea:aejmic:v:10:y:2018:i:3:p:124-42
Journal Field
General
Author Count
2
Added to Database
2026-01-29