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A Framework for the Study of Individual Behavior and Social Interactions

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Author Info
S. N. Durlauf

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Abstract

Recent work in economics has begun to integrate sociological ideas onto the modelling of individual behavior. In particular, this new approach emphasizes how social context and social interdependences influence the ways in which individuals make choices. This paper provides an overview of an approach to integrating theoretical and empirical analysis of such environments. The analysis is based on a framework due to Brock and Durlauf (2000a, 2000b). Empirical evidence on behalf of this perspective is assessed and some policy implications are explored.

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Paper provided by University of Wisconsin Institute for Research on Poverty in its series Institute for Research on Poverty Discussion Papers with number 1220-01.

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Handle: RePEc:wop:wispod:1220-01

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  1. Steven N. Durlauf & Marcel Fafchamps, 2004. "Social Capital," NBER Working Papers 10485, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. Jean Louis Dessalles & Denis Phan, 2005. "Emergence in multi-agent systems:Cognitive hierarchy, detection, and complexity reduction," Computing in Economics and Finance 2005 257, Society for Computational Economics. [Downloadable!]
  3. Hendrik P. van Dalen, 2003. "Pluralism in Economics: A Public Good or a Public Bad?," Tinbergen Institute Discussion Papers 03-034/1, Tinbergen Institute, revised 18 May 2004. [Downloadable!]
  4. repec:att:wimass:192055 is not listed on IDEAS
  5. Hedström, Peter & Kolm, Ann-Sofie & Åberg, Yvonne, 2003. "Social interactions and unemployment," Working Paper Series 2003:15, IFAU - Institute for Labour Market Policy Evaluation. [Downloadable!]
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  6. repec:att:wimass:192032 is not listed on IDEAS
  7. Briggs, Xavier, 2004. "Traps and Stepping Stones: Neighborhood Dynamics and Family Well-Being," Working Paper Series rwp04-015, Harvard University, John F. Kennedy School of Government. [Downloadable!]
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