The economics of social institutions has been a well-established research field for over a century, one that continues to expand and to develop new areas of investigation. Here Professor Davis and Dr Christoforou bring together in one easily accessible volume the most significant contributions...

Social capital refers to the stock of social relations, based on norms and networks of cooperation and trust that spill over to the market and state to enhance collective action between actors and achieve improved social efficiency and economic growth. The aim of the present paper is to discuss...

In contemporary economics, social capital is identified by some with norms and networks that enhance trust, reciprocity and cooperation for the production of public goods. But critics claim that social capital is principally of individualist origin and provides solid ground for the subordination...

Social capital generally refers to norms and networks of trust, reciprocity and cooperation that facilitate collective action for a mutual benefit. Critical views of social capital purport that the neoclassical principle is dominant in economics and the social sciences, and thus offers a...