Citation
Zuckerman, David (2024). Multidimensional homophily.
Journal of Economic Behavior and Organization. vol. 218 pp. 486-513
Abstract
Homophily is typically measured using a single dimension to define groups. However, people generally display friendship preferences over multiple dimensions when forming social connections. We develop a simple model that characterizes agents both by a (discrete) “group type” and a (continuous) “personality trait” value. Agents have preferences-for-similarity over both dimensions, but homophily is only measured with respect to group type. We show that our model belongs to a more general class of models for which a strongly stable network exits, and identify an algorithm that constructs it. Via simulations, we demonstrate that our model's strongly stable network exhibits three key patterns previously documented in the homophily literature. The model provides new insights and interpretations of these patterns.
URL
https://doi.org/10.1016/j.jebo.2023.12.022Keyword(s)
Homophily
Reference Type
Journal Article
Journal Title
Journal of Economic Behavior and Organization
Author(s)
Zuckerman, David
Year Published
2024
Volume Number
218
Pages
486-513
Edition
February 1, 2024
DOI
10.1016/j.jebo.2023.12.022
Reference ID
10211
