Multinomial Choice with Social Interactions: Occupations in Victorian London
研究了维多利亚时代伦敦社会互动对职业选择的影响，使用不完整社交网络中的多项选择模型，发现内生效应显著且不同职业影响不同。
Abstract We study the importance of social interactions on occupational choice in Victorian London using a multinomial choice model within an incomplete social network. Individuals form heterogeneous rational expectations about their peers' behaviors, taking into account their characteristics and the strength of their ties. We show the conditions under which the endogenous, exogenous, and correlated effects can be identified and a unique equilibrium can be established, Using a novel data set, we proxy social groups by parish boundaries and strength of ties by geographic distances, Our results show the importance of the endogenous effects and reveal distinct effects by occupation.