Economic sociology and economics converge to highlight the role of social networks in the market coordination of agents. Social ties are involved in the flow of information. They constitute social capital for agents who hold them. Their density promotes the emergence of social norms that...

We derive sufficient and necessary optimality conditions in terms of a stochastic maximum principle (SMP) for controls associated with cost functionals of mean-field type, under dynamics driven by a class of Markov chains of mean-field type which are pure jump processes obtained as solutions of...

We derive sufficient and necessary optimality conditions in terms of a stochastic maximum principle (SMP) for controls associated with cost functionals of mean-field type, under dynamics driven by a class of Markov chains of mean-field type which are pure jump processes obtained as solutions of...

In the early transition era in Russia entry barriers for commercial banks were about absent. It resulted in the mushrooming of hundreds of small, poorly-endowed and inexperienced banks. In this paper we address the question whether the claimed benefits of low entry barriers - competition and...

The experience of childhood is increasingly urban. Over half the world’s people – including more than a billion children – now live in cities and towns. This report adds to the growing body of evidence and analysis, from UNICEF and partners, that scarcity and dispossession...

The main objectives of this seminar has been to contribute to the understanding of the development processes and problems related to water security and climate change; to focus on studies relating to this problem of the by-passed section and regions; and to provide a forum for dialogue on the...

The Connecticut low income weatherization program was developed in response to a 1987 rate docket order from the Connecticut Department of Public Utility Control (DPUC) to Connecticut Light Power Co., an operating subsidiary of Northeast Utilities (NU). (Throughout this report, NU is referred to...

This progress report summarizes our research activities under our consensus grant. In year four of the grant, we continued to capitalize on and benefit from historical events which drove our early emphasis on group process studies. Following our work on various procedures for bringing together...