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Using a sample of Harvard undergraduates, we analyze trust and social capital in two experiments. Trusting behavior and trustworthiness rise with social connection; differences in race and nationality reduce the level of trustworthiness. Certain individuals appear to be persistently more...
Persistent link: https://www.econbiz.de/10013212348
Alfred Marshall argues that industrial agglomerations exist in part because individuals can" learn skills from each other when they live and work in close proximity to one another. An" increasing amount of evidence suggests that the informational role of cities is a primary reason for" their...
Persistent link: https://www.econbiz.de/10013246374
: local returns to scale in innovation, the elasticity of housing supply, and the importance of local amenities. Even if there … are global increasing returns, the returns to local scale in innovation may be decreasing, and that makes networks more …
Persistent link: https://www.econbiz.de/10013002676