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This paper provides an introduction to the concept of social capital, and carries out a critical review of the empirical literature on social capital and economic development. The survey points out six main weaknesses affecting the empirics of social capital. Identified weaknesses are then used...
Persistent link: https://www.econbiz.de/10005230901
We study learning and influence in a setting where agents communicate according to an arbitrary social network and naïvely update their beliefs by repeatedly taking weighted averages of their neighbors’ opinions. A focus is on conditions under which beliefs of all agents in large societies...
Persistent link: https://www.econbiz.de/10005423267
In order to regulate the proliferated bioprospecting and protect the biological diversity in the source countries, the Convention on Biological Diversity (CBD) established a legal framework for the reciprocal transfer of biological materials between the interested parties in bioprospecting...
Persistent link: https://www.econbiz.de/10008828411
bioprospecting contracts and patenting on social welfare. The positive welfare impacts delivered by bioprospecting contracts are … and royalty revenues. The negative welfare impact results from the legal creation of a monopoly and the related well …
Persistent link: https://www.econbiz.de/10005392547
equilibrium exists, sharing always generates maximum social welfare and eliminates the frictions created by the network structure …
Persistent link: https://www.econbiz.de/10010781881
We examine how three different communication processes operating through social networks are affected by homophily - the tendency of individuals to associate with others similar to themselves. Homophily has no effect if messages are broadcast or sent via shortest paths; only connection density...
Persistent link: https://www.econbiz.de/10005008021
centrality and decreasing in conformity. Concerning efficiency of information aggregation or “wisdom" of the society, it turns …
Persistent link: https://www.econbiz.de/10010781882
We investigate the role of manipulation in a model of opinion formation. Agents repeatedly communicate with their neighbors in the social network, can exert effort to manipulate the trust of others, and update their opinions about some common issue by taking weighted averages of neighbors'...
Persistent link: https://www.econbiz.de/10010781888
This paper carries out an empirical assessment of the relationship between social capital and labour productivity in small and medium enterprises in Italy. By means of structural equations models, the analysis investigates the effect of different aspects of the multifaceted concept of social...
Persistent link: https://www.econbiz.de/10005392551
, health care, welfare work, and the environment protection is analysed, revealing a scarce correlation both with social …
Persistent link: https://www.econbiz.de/10005570362