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those with free and fair elections, voters do the opposite. Low social trust can account for this paradox: voters must act … collectively to shape political incentives, but low trust among voters is an obstacle to collective action. If every voter believes … logic, low social trust prevents voters from sanctioning politicians who renege on their promises. Frequent reneging on …
Persistent link: https://www.econbiz.de/10012154891
This paper studies the effect of two place-based policies implemented in Cali, Colombia on social capital and trust. We … use the CaliBRANDO survey to account for institutional and interpersonal trust, matching neighborhood of residence and … that measure trust. We nd that the organized sport policy improves institutional trust by about 4%. Our results are …
Persistent link: https://www.econbiz.de/10014516606
Experimental and observational studies have highlighted the importance of agents being conditionally cooperative when facing a social dilemma. We formalize this mechanism in a theoretical model that portrays a small community having joint access to a common pool resource. The diffusion of norms...
Persistent link: https://www.econbiz.de/10010189315
Economic growth is propelled in part by the accumulation of different kinds of capital, including social capital in its several guises. This paper considers the interplay between financial crises and various aspects of social capital which, if it is allowed to depreciate, can undermine economic...
Persistent link: https://www.econbiz.de/10013019409
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 Dilemmas played...
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