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Technological advance, social fragmentation and welfare
Bosworth, Steven; Snower, Dennis J. - 2021
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from the premise that technological progress falls primarily on market-traded commodities rather than prosocial relationships, since the latter intrinsically require the expenditure of...
Persistent link: https://www.econbiz.de/10012418627
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Tipping and residential segregation : a unified schelling model
Zhang, Junfu - 2009
This paper presents a Schelling-type checkerboard model of residential segregation formulated as a spatial game. It shows that although every agent prefers to live in a mixed-race neighborhood, complete segregation is observed almost all of the time. A concept of tipping is rigorously defined,...
Persistent link: https://www.econbiz.de/10003898061
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How diverse can spatial measures of cultural diversity be? : results from Monte Carlo simulations of an agent-based model
Arribas-Bel, Daniel; Nijkamp, Peter; Poot, Jacques - 2014
Cultural diversity is a complex and multi-faceted concept. Commonly used quantitative measures of the spatial distribution of culturally-defined groups – such as segregation, isolation or concentration indexes - are often only capable of identifying just one aspect of this distribution. The...
Persistent link: https://www.econbiz.de/10010369838
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Institution formation and cooperation with heterogeneous agents
Kube, Sebastian; Schaube, Sebastian; … - 2014
Driven by an ever-growing number of studies that explore the effectiveness of institutional mechanisms meant to mitigate cooperation problems, recent years have seen an increasing interest in the endogenous implementation of these institutions. In this paper, we test within a unified framework...
Persistent link: https://www.econbiz.de/10010414346
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The demand for variety : a household production perspective
Hamermesh, Daniel S. (contributor);  … - 2007
Economists have devoted substantial attention to firms’ supply of variety, but little to consumers' demand for variety. Employing the framework of home production, we trace differences in demand to differences in the opportunity costs of activities, which are associated with investments in...
Persistent link: https://www.econbiz.de/10003590812
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Relational contracts and the economic well-being of nations
Kukharskyy, Bohdan; Pflüger, Michael - 2010
, Gibbons and Murphy (2002). -- aggregate welfare ; theory of the firm ; relational contracting ; firm heterogeneity …
Persistent link: https://www.econbiz.de/10009314275
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An evaluation of the employment effects of barriers to outsourcing
Bandyopadhyay, Subhayu; Marjit, Sugata; Yang, Lei - 2011
Barriers to outsourcing that are being currently implemented in the US effectively tax its companies who "export" jobs through outsourcing. The objective is to raise domestic employment. Given that many of the important international markets where the US has a comparative advantage feature...
Persistent link: https://www.econbiz.de/10009124754
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Secular satiation
Saint-Paul, Gilles - 2017
Satiation of need is generally ignored by growth theory. I study a model where consumers may be satiated in any given …
Persistent link: https://www.econbiz.de/10011704209
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Culture, institutions and the wealth of nations
Gorodnichenko, Yuriy; Roland, Gérard - 2010
We construct an endogenous growth model that includes a cultural variable along the dimension of individualism …-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with …. Collectivism leads to efficiency gains relative to individualism, but these gains are static, unlike the dynamic effect of …
Persistent link: https://www.econbiz.de/10009007836
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Dishonesty as a collective-risk social dilemma
Jiang, Shuguang; Villeval, Marie-Claire - 2022
We study cheating as a collective-risk social dilemma in a group setting in which individuals are asked to report their actual outcomes. Misreporting their outcomes increases the individual's earnings but when the sum of claims in the group reaches a certain threshold, a risk of collective...
Persistent link: https://www.econbiz.de/10013471466