Steven Durlauf

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During the nineteenth century most Western societies extended voting rights, a decision that led to unprecedented redistributive programs. We argue that these political reforms can be viewed as strategic decisions by the political elite to prevent widespread social unrest and revolution. Political transition, rather than redistribution under existing(More)
from entrepreneurs and simply consider the productive services as being, in a certain sense, exchanged directly for one another...” (1954/1873:225). The fiction that services directly exchange for one another without human intervention is a handy simplification for the analysis of equilibria of an economy with complete contracting. However if, contraWalras,(More)
This paper explores the dynamics of income inequality by studying the evolution of human capital investment and neighborhood choice for a population of families. Parents affect the conditional probability distribution of their children's income through the choice of a neighborhood in which to live. Neighborhood location affects children both through local(More)
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  • S N Durlauf
  • Proceedings of the National Academy of Sciences…
  • 1999
A model of interdependent decision making has been developed to understand group differences in socioeconomic behavior such as nonmarital fertility, school attendance, and drug use. The statistical mechanical structure of the model illustrates how the physical sciences contain useful tools for the study of socioeconomic phenomena.
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While interest in social determinants of individual behavior has led to a rich theoretical literature and many efforts to measure these influences, a mature “social econometrics” has yet to emerge. This chapter provides a critical overview of the identification of social interactions. We consider linear and discrete choice models as well as social networks(More)