{"title":"二元结果中的同伴效应:战略互补性和内源性网络的一致性","authors":"Mathieu Lambotte","doi":"10.1002/jae.3128","DOIUrl":null,"url":null,"abstract":"<p>This paper introduces a generalized model of peer effects for binary outcomes, based on a network game that accounts for strategic complementarity (influence of the number of peers that select the same action) and conformity to social norms (penalizing deviations from the average peers' action). We derive conditions for a unique Bayesian Nash equilibrium under rational expectations about peers' behavior. Unobserved individual heterogeneity affecting network formation and peer effects is addressed nonparametrically using a control function nested pseudo likelihood estimator, whose asymptotic properties are established. The model is applied to microfinance participation in India.</p>","PeriodicalId":48363,"journal":{"name":"Journal of Applied Econometrics","volume":"40 6","pages":"608-626"},"PeriodicalIF":3.1000,"publicationDate":"2025-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/jae.3128","citationCount":"0","resultStr":"{\"title\":\"Peer Effects in Binary Outcomes: Strategic Complementarity and Taste for Conformity With Endogenous Networks\",\"authors\":\"Mathieu Lambotte\",\"doi\":\"10.1002/jae.3128\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>This paper introduces a generalized model of peer effects for binary outcomes, based on a network game that accounts for strategic complementarity (influence of the number of peers that select the same action) and conformity to social norms (penalizing deviations from the average peers' action). We derive conditions for a unique Bayesian Nash equilibrium under rational expectations about peers' behavior. Unobserved individual heterogeneity affecting network formation and peer effects is addressed nonparametrically using a control function nested pseudo likelihood estimator, whose asymptotic properties are established. The model is applied to microfinance participation in India.</p>\",\"PeriodicalId\":48363,\"journal\":{\"name\":\"Journal of Applied Econometrics\",\"volume\":\"40 6\",\"pages\":\"608-626\"},\"PeriodicalIF\":3.1000,\"publicationDate\":\"2025-05-13\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://onlinelibrary.wiley.com/doi/epdf/10.1002/jae.3128\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Applied Econometrics\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1002/jae.3128\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Applied Econometrics","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/jae.3128","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
Peer Effects in Binary Outcomes: Strategic Complementarity and Taste for Conformity With Endogenous Networks
This paper introduces a generalized model of peer effects for binary outcomes, based on a network game that accounts for strategic complementarity (influence of the number of peers that select the same action) and conformity to social norms (penalizing deviations from the average peers' action). We derive conditions for a unique Bayesian Nash equilibrium under rational expectations about peers' behavior. Unobserved individual heterogeneity affecting network formation and peer effects is addressed nonparametrically using a control function nested pseudo likelihood estimator, whose asymptotic properties are established. The model is applied to microfinance participation in India.
期刊介绍:
The Journal of Applied Econometrics is an international journal published bi-monthly, plus 1 additional issue (total 7 issues). It aims to publish articles of high quality dealing with the application of existing as well as new econometric techniques to a wide variety of problems in economics and related subjects, covering topics in measurement, estimation, testing, forecasting, and policy analysis. The emphasis is on the careful and rigorous application of econometric techniques and the appropriate interpretation of the results. The economic content of the articles is stressed. A special feature of the Journal is its emphasis on the replicability of results by other researchers. To achieve this aim, authors are expected to make available a complete set of the data used as well as any specialised computer programs employed through a readily accessible medium, preferably in a machine-readable form. The use of microcomputers in applied research and transferability of data is emphasised. The Journal also features occasional sections of short papers re-evaluating previously published papers. The intention of the Journal of Applied Econometrics is to provide an outlet for innovative, quantitative research in economics which cuts across areas of specialisation, involves transferable techniques, and is easily replicable by other researchers. Contributions that introduce statistical methods that are applicable to a variety of economic problems are actively encouraged. The Journal also aims to publish review and survey articles that make recent developments in the field of theoretical and applied econometrics more readily accessible to applied economists in general.