Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Integrating economic and psychological insights in binary choice models
  with social interactions   We investigate a class of binary choice models with social interactions. We
propose a unifying perspective that integrates economic models using a utility
function and psychological models using an impact function. A general approach
for analyzing the equilibrium structure of these models within mean-field
approximation is developed. It is shown that within a mean-field approach both
the utility function and the impact function models are equivalent to threshold
models. The interplay between heterogeneity and randomness in model formulation
is discussed. A general framework is applied in a number of examples leading to
some well-known models but also showing the possibility of more complex
dynamics related to multiple equilibria. Our synthesis can provide a basis for
many practical applications extending the scope of binary choice models.

27
The categories of this paper are: comp-gas
34
The categories of this paper are: chem-ph
16
The categories of this paper are: stat
35
The categories of this paper are: mtrl-th
28
The categories of this paper are: alg-geom
36
The categories of this paper are: cmp-lg
19
The categories of this paper are: eess
31
The categories of this paper are: ao-sci
0
The categories of this paper are: hep-ph
5
The categories of this paper are: gr-qc
12
The categories of this paper are: nucl-th
6
The categories of this paper are: astro-ph
1
The categories of this paper are: cs
37
The categories of this paper are: supr-con
30
The categories of this paper are: q-alg
20
The categories of this paper are: acc-phys