Social Influence and Consumption: Evidence from the Automobile Purchases of Neighbors

A-Tier
Journal: Review of Economics and Statistics
Year: 2008
Volume: 90
Issue: 4
Pages: 735-753

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

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

Abstract

This study analyzes the automobile purchase behavior of all residents of two Finnish provinces over several years. Using a comprehensive data set with location coordinates at the individual consumer level, it finds that the purchases of neighbors, particularly in the recent past and by those who are geographically most proximate, influence a consumer's purchases of automobiles. There is little evidence that emotional biases, like envy, account for the observed social influence on consumption. Copyright by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Technical Details

RePEc Handle
repec:tpr:restat:v:90:y:2008:i:4:p:735-753
Journal Field
General
Author Count
3
Added to Database
2026-01-25