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Interactions-Based Models

National Bureau of Economic ResearchPublished 1 August 2000Open access
William Brock, Steven N. Durlauf
Citations534
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TL;DR

This paper provides a general choice-based framework for modeling such interactions which subsumes a number of specific models which have been studied and illustrates the relationship between interactions-based models and models in statistical mechanics.

Abstract

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Keywords

Social SciencesDecision SciencesEconomics, Econometrics and Finance