Showing 1 - 10 of 39
. The equilibrium rents are determined for all firms based on their collateral and bargaining power. When a stable …
Persistent link: https://www.econbiz.de/10010781881
The paper studies the impact of homophily on the optimal strategies of a monopolist, whose marketing campaign of new product relies on a word of mouth communication. Homophily is a tendency of people to interact more with those who are similar to them. In the model there are two types of...
Persistent link: https://www.econbiz.de/10008674339
This paper models the dynamic process through which a large society may succeed in building up its “social capital” by establishing a stable and dense pattern of interaction among its members. In the model, agents interact according to a collection of infinitely repeated Prisoner’s...
Persistent link: https://www.econbiz.de/10005423105
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
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
This paper carries out an empirical assessment of the relationship between social capital and the quality of economic development in Italy. The analysis draws on a dataset collected by the author including about two hundred variables representing different aspects of economic development and...
Persistent link: https://www.econbiz.de/10005570362
We analyze the relative importance of party ideology and rents from office in the formation of coalitions in a … they may be ideologically `disconnected'. The coalitions that form depend upon the relative importance of rents of office … and seat shares of the parties. If rents are high, governments cannot be surplus. With low rents or the formateur close to …
Persistent link: https://www.econbiz.de/10005423230
This paper studies whether conformism behavior affects individual outcomes in crime. We present a social network model of peer effects with ex-ante heterogeneous agents and show how conformism and deterrence affect criminal activities. We then bring the model to the data by using a very detailed...
Persistent link: https://www.econbiz.de/10008465537
We develop a social network model of occupational segregation between different social groups, generated by the existence of positive inbreeding bias among individuals from the same group. If network referrals are important for job search, then expected homophily in the contact network structure...
Persistent link: https://www.econbiz.de/10004965195
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