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Towards a General Theory of Peer Effects
Boucher, Vincent; Rendall, Michelle; Ushchev, Philip; … - 2023
There is substantial empirical evidence showing that peer effects matter in many activities. The workhorse model in empirical work on peer effects is the linear-in-means (LIM) model, whereby it is assumed that agents are linearly affected by the mean action of their peers. We develop a new...
Persistent link: https://www.econbiz.de/10014345571
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Literacy Traps : Society-Wide Education and Individual Skill Premia
Atal, Vidya - 2009
Using a model of O-ring production function, the paper demonstrates how certain communities can get caught in a low-literacy trap in which each individual finds it not worthwhile investing in higher skills because others are not high-skilled. The model sheds light on educational policy. It is...
Persistent link: https://www.econbiz.de/10012764476
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Free-Riding and Knowledge Spillovers in Teams : The Role of Social Ties
De Paola, Maria - 2016
We investigate whether and how social ties affect performance in teams by implementing a field experiment in which a sample of undergraduate students are randomly assigned to either teams composed by friends or teams composed by individuals not linked by friendship relationships. Students...
Persistent link: https://www.econbiz.de/10012981511
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A Theory of Intra-Firm Group Design
Tumen, Semih - 2015
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/10013012037
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Household Finances and Social Interaction : Bayesian Analysis of Household Panel Data
Brown, Sarah - 2014
We investigate the relationship between social interaction and household finances using data from the British Household Panel Survey. We contribute to the existing literature by exploring the relationship between a wide range of aspects of household finances and social interaction, rather than...
Persistent link: https://www.econbiz.de/10013051017
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Interpersonal Styles and Labor Market Outcomes
Borghans, Lex - 2006
This paper develops a framework to understand the role of interpersonal interactions in the labor market including task assignment and wages. Effective interpersonal interactions involve caring, to establish cooperation, and at the same time directness, to communicate in an unambiguous way. The...
Persistent link: https://www.econbiz.de/10012778996
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Intergenerational Analysis of Social Interaction
Brown, Sarah - 2011
We explore the relationship between the social interaction of parents and their offspring from a theoretical and an empirical perspective. Our theoretical framework establishes possible explanations for the intergenerational transfer of social interaction whereby the social interaction of the...
Persistent link: https://www.econbiz.de/10013126938
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Social Networks and Interactions in Cities
Helsley, Robert W. - 2011
We examine how interaction choices depend on the interplay of social and physical distance, and show that agents who are more central in the social network, or are located closer to the geographic center of interaction, choose higher levels of interactions in equilibrium. As a result, the level...
Persistent link: https://www.econbiz.de/10013129915
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Random or Referral Hiring : When Social Connections Matter
Nicodemo, Catia - 2012
This study investigates the existence of hiring criteria associated with the degree of social connections between skill and low-skill workers. We provide evidence about to what extent managers rely on their social connections in recruiting low-skill workers rather than on random matching. As one...
Persistent link: https://www.econbiz.de/10013110868
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Overconfidence is a Social Signaling Bias
Burks, Stephen V. - 2010
relatively. We test three different theories about observed relative overconfidence. The first theory notes that simple … on 1,016 individuals' relative ability judgments about two cognitive tests rejects the Bayesian model. The second theory … might make this belief worse. Our data also reject this prediction. The third theory is that overconfidence is induced by …
Persistent link: https://www.econbiz.de/10013146457