We study the co-evolution of social participation and social capital accumulation, taking the view that the former contributes to the latter, and both contribute to the enjoyment of relational goods Within this framework, we show that a process of substitution of private for social activities...

We investigate how the patterns of consumption and accumulation, as well as the patterns of time allocation and of social interaction, may be influenced by social pressure, i.e., by the choices of others. We display an evolutionary model involving several generations of interacting...