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I provide a typology of social capital, breaking it down into seven more fundamental forms of capital: information capital, brokerage capital, coordination and leadership capital, bridging capital, favor capital, reputation capital, and community capital. I discuss how most of these forms of...
Persistent link: https://www.econbiz.de/10012900616
network that connects them. We find that information supports cooperation by increasing trust between players, and obtain the … 'radius of trust': an endogenous network listing the potentially cooperative relationships between pairs of players in a … community. We identify two aspects of trust, which relate to the network structure in different ways. Where trust depends on the …
Persistent link: https://www.econbiz.de/10011773641
This chapter surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...
Persistent link: https://www.econbiz.de/10014023761
This paper analyses a simultaneous game of network formation and information acquisition where the benefit structure is such that the benefit that an agent derives from the network she is located in depends on the maximum information that someone in her neighbourhood, including herself,...
Persistent link: https://www.econbiz.de/10012963047
Individuals have a strong tendency to coordinate with all their neighbors on social and economics networks. Coordination is often influenced by intrinsic preferences among the available options, which drive people to associate with similar peers, i.e., homophily. Many studies reported that...
Persistent link: https://www.econbiz.de/10012062102
Markets coordinate the flow of information in the economy, aggregating it through the price mechanism. We develop a dynamic model of information transmission and aggregation in financial and other social networks in which continued membership in the network is contingent on the accuracy of...
Persistent link: https://www.econbiz.de/10012946663
The most common quantitative estimates of scientific performance are based on citation indices, and it is meaningful to identify what affects these indicators. In this work, we analyze the correlations between the citation characteristics of researchers and their co-authorship network...
Persistent link: https://www.econbiz.de/10014119163
In this paper we test the celebrated `Strength of weak ties' theory of Granovetter (1973). We test two hypotheses on the network structure in a data set of collaborating economists. While we find support for the hypothesis of transitivity of strong ties, we reject the hypothesis that weak ties...
Persistent link: https://www.econbiz.de/10011348344
empirical assessment of how online networking affects two economically relevant aspects of social capital, i.e. trust and …. However, social trust decreases with online interactions. Several interpretations of these findings are discussed. …
Persistent link: https://www.econbiz.de/10011527200
empirical assessment of how online networking affects two economically relevant aspects of social capital, i.e. trust and …. However, social trust decreases with online interactions. Several interpretations of these findings are discussed. …
Persistent link: https://www.econbiz.de/10010222317