TY  - SER
AU  - Conley, Timothy G.
AU  -  Mehta, Nirav
AU  -  Stinebrickner, Ralph
AU  -  Stinebrickner, Todd
TI  - Social Interactions, Mechanisms, and Equilibrium: Evidence from a Model of Study Time and Academic Achievement
SN  - 0022-3808
PB  - Journal of Political Economy
KW  -  Equilibrium
KW  -  Mechanisms
KW  -  Social Interactions
KW  -  Study Time
KW  - Academic Achievement
N2  - 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
UR  - https://www.journals.uchicago.edu/doi/10.1086/726902
ER  -