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relationships, or social ties. According tosociologists, the embeddedness of economic behavior in networks of socialties has a … agency theory. …
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Farol Bar problem. These elements are social networks and social preferences. The authors first show, through cellular … automata, that social networks can contribute to the emergence of a "good society". They then show that the addition of some … ; social networks ; inequity aversion ; cellular automata …
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We find that firms are more likely to split their stock if their peer firms have recently done so. The effect is comparable to an increase of 40-50% in the share price. Splitting probability is also increasing in the announcement returns of peer splits. These results are consistent with social...
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