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It has been claimed that the market fosters selfishness and thereby undermines the moral basis of society. This thesis has been developed with an emphasis on market exchange. Everyday life is, however, predominantly shaped by interactions in the workplace rather than by shopping behaviour. This...
Persistent link: https://www.econbiz.de/10011415214
fundamental welfare theorems, and an important benchmark for economic theory. The radical abstractions of this idea, however, make … economic theory. Part II is a story about a journey to the perfectly competitive market. Part III develops main theoretical …
Persistent link: https://www.econbiz.de/10011997650
We use a unique regulatory event that occurred in Queensland, Australia, from 2007- 2012, to examine the predictive power of landowner relationship networks and lobbying behaviour on successfully gaining value-enhancing rezoning. A State authority, the Urban Land Development Authority (ULDA),...
Persistent link: https://www.econbiz.de/10010516454
We develop a model where workers both choose their residential location (geographical space) and their social interactions (social space). In equilibrium, we show under which condition some individuals reside close to the job center while others live far away from it. Even though the two...
Persistent link: https://www.econbiz.de/10011294096
-utility constrained social optimum. Unexpectedly, numerical simulations show that this theory could account for the observed distribution …
Persistent link: https://www.econbiz.de/10010528644
Consider the duration of stay of migrants in a host country. We propose a statistical model of locally interdependent return hazards in order to examine whether interactions at the level of the neighbourhood are present and lead to social multipliers. To estimate this model we develop and study...
Persistent link: https://www.econbiz.de/10011904940
I develop an intra-firm theory of group design and teamwork in the presence of peer effects. The purpose is to …
Persistent link: https://www.econbiz.de/10011386689
We develop a model where the unemployed workers in the city can find a job either directly or through weak or strong ties. We show that, in denser areas, individuals choose to interact with more people and meet more random encounters (weak ties) than in sparsely populated areas. We also...
Persistent link: https://www.econbiz.de/10010238209
Persistent link: https://www.econbiz.de/10001829708
Field evidence suggests that people belonging to the same group often behave similarly, i.e., behaviour exhibits social interaction effects. We conduct an experiment that avoids the identification problem present in the field. Our novel design feature is that each subject simultaneously is a...
Persistent link: https://www.econbiz.de/10002482525