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The Economic Benefits of Political Connections in Late Victorian Britain

Braggion, Fabio; Moore, L. - Tilburg University, Center for Economic Research - 2011

The late-Victorian era was characteristed by especially close links between politicians and firms in the UK. Roughly half of all members of Parliament served as company directors, many as directors of multiple firms. We analyze 467 British companies over the period 1895 to 1904 to investigate...

Persistent link: https://www.econbiz.de/10011091227

Spatial Social Networks

Johnson, C.; Gilles, R.P. - Tilburg University, Center for Economic Research - 1999

Persistent link: https://www.econbiz.de/10011090744

On the Evolution of Collective Enforcement Institutions : Communities and Courts

Prüfer, Jens; Masten, S.E. - Tilburg University, Center for Economic Research - 2011

Impersonal exchange has been a major driver of economic development. But transactors with no stake in maintaining an ongoing relationship have little incentive to honor deals. Therefore, all economies have developed institutions to support honest trade and realize the gains of impersonal...

Persistent link: https://www.econbiz.de/10011090830

Random Intersection Graphs with Tunable Degree Distribution and Clustering

Deijfen, M.; Kets, W. - Tilburg University, Center for Economic Research - 2007

A random intersection graph is constructed by independently assigning each vertex a subset of a given set and drawing an edge between two vertices if and only if their respective subsets intersect. In this paper a model is developed in which each vertex is given a random weight, and vertices...

Persistent link: https://www.econbiz.de/10011091616

Importance, Cohesion and Structural Equivalence in the Evolving Citation Network of the International Journal of Research in Marketing

Pieters, Rik; Baumgartner, H.; Vermunt, J.K.; Bijmolt, … - Tilburg University, Center for Economic Research - 1998

The citation network of the International Journal of Research in Marketing (IJRM) is examined from 1981 to 1995. We propose a model that contains log-linear and logmultiplicative terms to estimate simultaneously the importance, cohesion, and structural equivalence of journals in the network...

Persistent link: https://www.econbiz.de/10011091873

Managers, Firms and (Secret) Social Networks : The Economics of Freemasonry

Braggion, Fabio - Tilburg University, Center for Economic Research - 2008

This paper studies the relationships between managers’ a¢ liations with Freema- sonry and companies' performance. Using … managers were associated with greater access to credit in small and young companies whose se- curities where traded over the … obtaining debt finance, in larger publicly quoted companies they are associated with worse agency conflicts between managers and …

Persistent link: https://www.econbiz.de/10011091985

Stable Networks and Convex Payoffs

Gilles, R.P.; Sarangi, S. - Tilburg University, Center for Economic Research - 2005

Recently a variety of link-based stability concepts have emerged in the literature on game theoretic models of social network formation.We investigate two basic formation properties that establish equivalence between some well known types of stable networks and their natural extensions.These...

Persistent link: https://www.econbiz.de/10011092706

In Government We Trust : The Role of Fiscal Decentralization

Ligthart, J.E.; van Oudheusden, P. - Tilburg University, Center for Economic Research - 2011

We measure the contribution of fiscal decentralization to trust in government. Using repeated cross-country survey data of individuals on several measures of trust in govern- ment over the 1994-2007 period, we estimate an ordered response model of the government trust and fiscal decentralization...

Persistent link: https://www.econbiz.de/10011090404

The Importance of Trust for Investment : Evidence From Venture Capital (Revision of DP 2009-43)

Da Rin, Marco; Bottazzi, L.; Hellmann, T. - Tilburg University, Center for Economic Research - 2010

We examine the effect of trust on financial investment and contracting decisions in a micro-economic environment where trust is exogenous. Using hand-collected data on European venture capital, we show that the Eurobarometer measure of trust among nations significantly affects investment...

Persistent link: https://www.econbiz.de/10011090711

Bonding and Bridging Social Capital and Economic Growth

Smulders, Sjak; Beugelsdijk, S. - Tilburg University, Center for Economic Research - 2009

In this paper we develop a formal model of economic growth and two types of social capital. Following extant literature, we model social capital as participation in two types of social networks: first, closed networks of family and friends, and, second, open networks that bridge different...

Persistent link: https://www.econbiz.de/10011091261