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Influential individuals: Approach to modeling

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  • O. Yu. Bondarenko

Abstract

his article explores theoretical and experimental approach to modeling social interactions. Communication and exchange of information with other people affect individual’s behavior in numerous areas. Generally, such influence is exerted by leaders, outstanding individuals who have a higher social status or expert knowledge. Social interactions are analyzed in the models of social learning, game theoretic models, conformity models, etc. However, there is a lack of formal models of asymmetric interactions. Such models could help elicit certain qualities characterizing higher social status and perception of status by other individuals, find the presence of leader influence and analyze its mechanism.

Suggested Citation

  • O. Yu. Bondarenko, 2018. "Influential individuals: Approach to modeling," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 9.
    • Handle: RePEc:nos:voprec:y:2018:id:454
    DOI: 10.32609/0042-8736-2018-9-114-131
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