The concepts of quot;social capitalquot; and quot;networksquot; gain increasing acceptance even in core branches of economics as growth theory and international trade. International organizations have begun to condition credit approval on the availability of social capital in lender communities....

There is ample evidence for a “democracy premium”. Laws that have been implemented via election lead to a more cooperative behavior compared to a top-down approach. This has been observed using field data and laboratory experiments. We present evidence from Chinese students and workers who...