Peer Effects in Binary Outcomes: Strategic Complementarity and Taste for Conformity With Endogenous Networks
内生网络中二元结果的同伴效应:战略互补与从众偏好
ABSTRACT 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…