@techreport{NBERt0203, title = "Statistical Mechanics Approaches to Socioeconomic Behavior", author = "Steven N. Durlauf", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Technical Working Paper Series", number = "203", year = "1996", month = "September", URL = "http://www.nber.org/papers/t0203", abstract = {This paper provides a unified framework for interpreting a wide range of interactions models which have appeared in the economics literature. A formalization taken from the statistical mechanics literature is shown to encompass a number of socioeconomic phenomena ranging from out of wedlock births to aggregate output to crime. The framework bears a close relationship to econometric models of discrete choice and therefore holds the potential for rendering interactions models estimable. A number of new applications of statistical mechanics to socioeconomic problems are suggested.}, }