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Social Interactions

Posted: 18 Oct 2010  

Steven N. Durlauf

University of Chicago; National Bureau of Economic Research (NBER)

Yannis M. Ioannides

Tufts University

Date Written: April 2010

Abstract

The study of social interactions has enriched both the domain of inquiry of economists and the way economists conceptualize individual decision making. The review aims to introduce the classes of models that accommodate estimation of social interactions and to examine the key areas where significant advances have been made in the identification of social effects. It surveys linear and nonlinear models and their applications, including results regarding partial identification. The review also examines conceptual and methodological links with the spatial econometrics and the social networks literatures. It considers empirical applications in the context of our methodological overview.

Suggested Citation

Durlauf, Steven N. and Ioannides, Yannis M., Social Interactions (April 2010). Annual Review of Economics, Vol. 2, pp. 451-478, 2010. Available at SSRN: https://ssrn.com/abstract=1693013 or http://dx.doi.org/10.1146/annurev.economics.050708.143312

Steven N. Durlauf (Contact Author)

University of Chicago ( email )

1155 East 60th Street
Chicago, IL 60637
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Yannis M. Ioannides

Tufts University ( email )

Medford, MA 02155
United States

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