How social interactions determine input choices and outcomes in equilibrium: Evidence from a model of study time and academic achievement

Todd Stinebrickner, Ralph Stinebrickner, Nirav Mehta and Timothy Conley

No 1175, 2015 Meeting Papers from Society for Economic Dynamics

Abstract: Due to data limitations, few papers documenting the existence of peer effects explore the mechanisms through which they operate. This paper develops and estimates an equilibrium model of study time choices made by students, given a social network. The model is designed to exploit unique data collected in the Berea Panel Study (BPS). The study time data allow us to quantify an intuitive mechanism for social interactions: one's own study time may depend on friends' study time. The detailed social network data allow us to embed these individual study time choices in an equilibrium framework, allowing for feedback effects. We find evidence of both the direct and indirect effects of friend study time. Not taking into account equilibrium behavior would understate the effect of peers on achievement by 20-30% of a standard deviation.

Date: 2015
New Economics Papers: this item is included in nep-soc and nep-ure
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://red-files-public.s3.amazonaws.com/meetpapers/2015/paper_1175.pdf (application/pdf)

Related works:
Working Paper: Social Interactions, Mechanisms, and Equilibrium: Evidence From a Model of Study Time and Academic Achievement (2017)
Working Paper: Social Interactions, Mechanisms, and Equilibrium: Evidence from a Model of Study Time and Academic Achievement (2017)
Working Paper: Social Interactions, Mechanisms, and Equilibrium: Evidence from a Model of Study Time and Academic Achievement (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:red:sed015:1175

Access Statistics for this paper

More papers in 2015 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().