Essays on behavioral economics and social networks

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Abstract/Contents

Abstract
This dissertation contains three essays relating to behavioral economics and social networks. In the first chapter, I experimentally investigate third-party preferences for compensation and punishment after one party financially harms another for their own benefit. I find that demand for both compensation and punishment extends beyond pure distributional concerns, reflecting preferences for (what I term) compensatory and retributive justice, respectively. In the second chapter, I develop a simple model of friendship formation that provides insight into three key empirical patterns regarding homophily, our tendency to form connections with those most similar to us. In the model, agents have homophilic preferences along two dimensions, but homophily is only measured along a single dimension. Via simulations, I show that introducing this second dimension (qualitatively) generates all three noted patterns. In the final chapter, I and co-authors develop a dynamic theory of endogenous preference formation in which people adopt worldviews that shape their judgments about their experiences. The theory generates rich behavioral dynamics, illuminating a wide range of applications and providing potential explanations for a variety of observed phenomena.

Description

Type of resource text
Form electronic resource; remote; computer; online resource
Extent 1 online resource.
Place California
Place [Stanford, California]
Publisher [Stanford University]
Copyright date 2022; ©2022
Publication date 2022; 2022
Issuance monographic
Language English

Creators/Contributors

Author Zuckerman, David Benjamin
Degree supervisor Bernheim, B. Douglas
Thesis advisor Bernheim, B. Douglas
Thesis advisor Jackson, Matthew O
Thesis advisor Niederle, Muriel
Degree committee member Jackson, Matthew O
Degree committee member Niederle, Muriel
Associated with Stanford University, Department of Economics

Subjects

Genre Theses
Genre Text

Bibliographic information

Statement of responsibility David Zuckerman.
Note Submitted to the Department of Economics.
Thesis Thesis Ph.D. Stanford University 2022.
Location https://purl.stanford.edu/zd971cy5323

Access conditions

Copyright
© 2022 by David Benjamin Zuckerman
License
This work is licensed under a Creative Commons Attribution Non Commercial 3.0 Unported license (CC BY-NC).

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