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average, children's homophily acts as a complement to the educational effort of highly educated parents but as a substitute … interactions with other low-educated students (i.e., homophily), which reduces the education effort of their parents and, thus …
Persistent link: https://www.econbiz.de/10012882378
other demographic characteristics (Jackson, 2010). We present novel evidence on an understudied source of homophily, namely … experiments on more than 2,500 French high-school students, we find high levels of homophily across all ten behavioral traits that … we study (including social, risk, competitive preferences, and aspirations). Notably, the extent of homophily depends on …
Persistent link: https://www.econbiz.de/10014296584
Information asymmetries can prevent markets from operating efficiently. An important example is the labor market, where employers face uncertainty about the productivity of job candidates. We examine theoretically and with laboratory experiments three key questions related to hiring via...
Persistent link: https://www.econbiz.de/10012005988
This paper was written as an editorial preface to a "Symposium on Relational Contracts", that was jointly edited by the three authors, and that will appear in the Journal of Institutional and Theoretical Economics (JITE). The Symposium contains eleven contributions to the economics of relational...
Persistent link: https://www.econbiz.de/10014377330
gap. The evidence is consistent with a homophily-enforced mechanism, by which friendship causes initially politically … initially politically-dissimilar pairs. Friendship affects opinion gaps by reducing divergence, therefore polarization and …
Persistent link: https://www.econbiz.de/10012497906
We develop a model where, in the first stage, minority individuals have to decide whether or not they want to assimilate to the majority culture while, in the second stage, all individuals (both from the majority and the minority group) embedded in a network have to decide how much effort they...
Persistent link: https://www.econbiz.de/10011345400
Estimates on the effect of job contact method – i.e., informal versus formal search – on wage offers vary considerably across studies, with some of them finding a positive correlation between getting help from informal connections and obtaining high-paying jobs, while others finding a...
Persistent link: https://www.econbiz.de/10011420748
Using declassified Federal Bureau of Narcotics records on 800 US Mafia members active in the 1950s and 1960s, and on their connections within the organized crime network, I estimate network effects on gangsters' economic status. Lacking information on criminal proceeds, I measure economic status...
Persistent link: https://www.econbiz.de/10010333271
This paper provides the first direct evidence on the determinants of link formation among immigrants in the host society. We use a purposely-designed survey on a representative sample of Sri Lankan immigrants living in Milan to study how migrants form social links among them and the extent to...
Persistent link: https://www.econbiz.de/10010333319
In this paper, we describe a series of laboratory experiments that implement specific examples of a more general network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic complements, and participants have either complete or...
Persistent link: https://www.econbiz.de/10010352268