Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/197194 
Year of Publication: 
2017
Citation: 
[Journal:] Theoretical Economics [ISSN:] 1555-7561 [Volume:] 12 [Issue:] 2 [Publisher:] The Econometric Society [Place:] New Haven, CT [Year:] 2017 [Pages:] 477-492
Publisher: 
The Econometric Society, New Haven, CT
Abstract: 
Interaction, the act of mutual influence, is an essential part of daily life and economic decisions. This paper presents an individual decision procedure for interacting individuals. According to our model, individuals seek influence from each other for those issues that they cannot solve on their own. Following a choice-theoretic approach, we provide simple properties that aid us to detect interacting individuals. Revealed preference analysis not only grants underlying preferences, but also the influence acquired.
Subjects: 
Interaction
social influence
boundedly rational decision making
two-stage maximization
incomplete preferences
JEL: 
D01
D03
D11
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

Files in This Item:
File
Size
190.31 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.