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Diffusion, Strategic Interaction, and Social Structure Export

edited by: Benhabib, Bisin, Jackson

In Handbook of Social Economics (2008)

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"First, not only are behaviors across socially connected individuals corre- lated, but individuals do in fact in‡uence each other. While this may sound straightforward, it takes careful control to ensure that it is not unobserved correlated traits or in‡uences that lead to similar actions by connected individuals. Second, in various settings, more so- cially connected individuals adopt new behaviors and products earlier and at higher rates. Third, di¤usion exhibits speci…c patterns over time, and speci…cally there are many settings where an S-shaped pattern emerges, with adoption starting slowly, then accelerating, and eventually asymptoting."

krisl (public note) - 2009-10-27 20:53:12

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