Kim, Jun Sung; Patacchini, Eleonora; Picard, Pierre M.; … - In: Quantitative economics : QE ; journal of the … 14 (2023) 4, pp. 1295-1335
This paper studies how the strength of social ties is affected by the geographical location of other individuals and their social capital. We characterize the equilibrium in terms of both social interactions and social capital. We show that lower travel costs increase not only the interaction...