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| Format: | Artículo científico |
| Language: | es |
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Universidad Nacional Autónoma de México
2010
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| Online Access: | https://www.redalyc.org/articulo.oa?id=90616141002 |
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Table of Contents:
- CHOICE AND NON-COORDINATION BEHAVIOR IN A GLOBAL AND LOCAL INFORMATION SETTING: A COMPUTATIONAL APPROACH Marcos Valdivia López Estudios Territoriales externalities Social interactions computational models This paper studies conformity effects on individual choice when both local and global information are present. A standard discrete choice model that incorporates the social interaction effect to assign choice probabilities to agents is studied. The model is analyzed by using computational simulations. Agents are dispersed in a two dimensional toroidal lattice and they can gather information either from their von Neumann neighbors or from the whole community of agents. Agent heterogeneity is introduced through diversity in private incentives among agents. The main results of the simulations show that the effects of global and local information can produce conflicting informational data streams in agents, making it likely that unstable and volatile aggregate choice emerges. Likewise, the results indicate that the interaction between global and local information affects the shape of the distribution of the size of informational cascades. 2010 artículo científico 1870-4115 https://www.redalyc.org/articulo.oa?id=90616141002 es http://www.redalyc.org/revista.oa?id=906 Revista Pueblos y Fronteras Digital application/pdf Universidad Nacional Autónoma de México Revista Pueblos y Fronteras Digital (México) Num.9 Vol.6