This paper provides a systematic analysis of identification in linear social interactions models. This is both a theoretical and an econometric exercise as the analysis is linked to a rigorously delineated model of interdependent decisions. We develop an incomplete information game that...

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...

This paper proposes some new measures of intergenerational persistence based on the idea of characterizing the memory of origin in the stochastic process that links the socioeconomic classes of parents and children. We introduce "memory curves" for all future generations given any initial...

Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.

Perhaps the most fundamental divide in risk research is that between proponents of two contradictory concepts of risk. Some take risk as objectively given and determined by physical facts, whereas others see risk as a social construction that is independent of physical facts. These two views are...

In this paper we discuss how rights-based moral theories can increase our understanding of siting controversies. It is argued that the notion of residual obligations can be used to overcome, at least in part, the conflict between the individual right not to be exposed to involuntary risks...

In addition to traditional fallacies such as <italic>ad hominem</italic>, discussions of risk contain logical and argumentative fallacies that are specific to the subject-matter. Ten such fallacies are identified, that can commonly be found in public debates on risk. They are named as follows: the sheer size...