Social reinforcement
G. M. Heal
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Social reinforcement
by G. M. Heal
Published
2007
Publisher
National Bureau of Economic Research
Pages
18
Description
There are many social situations in which the actions of different agents reinforce each other. These include network effects and the threshold models used by sociologists (Granovetter, Watts) as well as Leibenstein's "bandwagon effects." We model such situations as a game with increasing differences, and show that tipping of equilibria as discussed by Schelling, cascading and Dixit's results on clubs with entrapment are natural consequences of this mutual reinforcement. If there are several equilibria, one of which Pareto dominates, then we show that the inefficient equilibria can be tipped to the efficient one, a result of interest in the context of coordination problems.
Frequently Asked Questions
How many pages are in Social reinforcement?
This edition of Social reinforcement has approximately 18 pages. Please note, this is an estimate and the exact page count can vary between hardcover, paperback, and e-book versions.
How long does it take to read Social reinforcement?
For most readers, Social reinforcement typically takes between 23m and 15m to complete. This is based on the book's length of approximately 4,500 words and common reading speeds.
Here's a detailed breakdown: • Continuous reading at 250 WPM: approximately 18m of focused reading • Casual reading (30 minutes/day): you could finish in roughly 1 day • Estimated word count: 4,500 words
Your individual reading time will vary based on your personal reading pace, the amount of daily reading time, and your familiarity with the subject matter.
What is the word count of Social reinforcement?
The estimated word count for Social reinforcement is approximately 4,500 words. This figure is calculated using industry-standard methods that consider genre-specific word density patterns, typical formatting and layout characteristics, and standard words-per-page ratios for published books.
This is an approximation — actual word count may vary based on font size, formatting, edition, and the presence of illustrations or charts.
Who is the author of Social reinforcement?
Social reinforcement was written by G. M. Heal.
When was Social reinforcement published?
The publication date for this specific edition is 2007. The original work may have been published on a different date.