识别有界度网络中的偏好

Identifying Preferences in Networks With Bounded Degree

Econometrica · 2018
被引 55
人大 A+FT50ABS 4*

中文导读

提出一个框架,利用局部网络结构的观测比例来识别大型网络中的偏好参数,假设个体在均衡中具有有界度,并开发了二次规划算法来构建识别集。

Abstract

This paper provides a framework for identifying preferences in a large network where links are pairwise stable. Network formation models present difficulties for identification, especially when links can be interdependent, for example, when indirect connections matter. We show how one can use the observed proportions of various local network structures to learn about the underlying preference parameters. The key assumption for our approach restricts individuals to have bounded degree in equilibrium, implying a finite number of payoff‐relevant local structures. Our main result provides necessary conditions for parameters to belong to the identified set. We then develop a quadratic programming algorithm that can be used to construct this set. With further restrictions on preferences, we show that our conditions are also sufficient for pairwise stability and therefore characterize the identified set precisely. Overall, the use of both the economic model along with pairwise stability allows us to obtain effective dimension reduction.

网络形成偏好识别局部结构成对稳定性