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This paper studies how the strength of social ties is affected by the geographical location of other individuals and their social capital. We characterize the equilibrium in terms of both social interactions and social capital. We show that lower travel costs increase not only the interaction...
Persistent link: https://www.econbiz.de/10014496525
Persistent link: https://www.econbiz.de/10012820769
This paper studies the spatial joint evolution of cooperative behavior and a partially assortative matching institution … segmentation in matching, assuming that it is collectively set at each point of time and space by the local community. We show how …, helping a localized cultural cluster of cooperation to invade the whole population. The endogenous assortative matching …
Persistent link: https://www.econbiz.de/10011891032
Persistent link: https://www.econbiz.de/10012168591