Multinomial Choice with Social Interactions: Occupations in Victorian London
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DOI: 10.1162/rest_a_00979
Abstract: We study the importance of social interactions on the 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… read more here.
Keywords: interactions occupations; multinomial choice; social interactions; victorian london ... See more keywords