This paper provides a unified framework for interpreting a wide range of interactions models which have appeared in the economics literature. A formalization taken from the statistical mechanics literature is shown to encompass a number of socioeconomic phenomena ranging from out of wedlock births to aggregate output to crime. The framework bears a close relationship to econometric models of discrete choice and therefore holds the potential for rendering interactions models estimable. A number of new applications of statistical mechanics to socioeconomic problems are suggested.
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Technical Working Papers with number
0203.
Length: Date of creation: Sep 1996 Date of revision: Handle: RePEc:nbr:nberte:0203
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Find related papers by JEL classification: D1 - Microeconomics - - Household Behavior I3 - Health, Education, and Welfare - - Welfare and Poverty
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Edward L. Glaeser & Bruce Sacerdote & Jose A. Scheinkman, 1995.
"Crime and Social Interactions,"
NBER Working Papers
5026, National Bureau of Economic Research, Inc.
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