Conley, Timothy G. <br/><br/>
Social Interactions, Mechanisms, and Equilibrium: Evidence from a Model of Study Time and Academic Achievement 

 -  Journal of Political Economy  2024 
 - 824-866 
<br/><br/> We develop and estimate a model of student study time choices on a social network. The model is designed to exploit unique data in the Berea Panel Study. Study time data allow us to quantify an intuitive mechanism for academic social interactions: own study time may depend on friend study time in a heterogeneous manner. Social network data allow us to embed study time and resulting academic achievement in an estimable equilibrium framework. We develop a specification test that exploits the equilibrium nature of social interactions and use it to show that novel study propensity measures mitigate econometric endogeneity concerns. 
<br/><br/><label>ISSN: </label>0022-3808 
<br/><br/><label>Subjects--Topical Terms: </label><br/> Equilibrium<br/> Mechanisms<br/> Social Interactions<br/> Study Time<br/>Academic Achievement