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Social Interactions with Endogenous Associations

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NBER2007-04-01 更新2025-01-04 收录
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This paper develops a model of social interactions with endogenous association. People are assumed to invest in relationships to maximize their utility. Even in a linear-in-means model, when associations are endogenous, the effect of macro-group composition on behavior is non-linear and varies

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2007-04-01
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