Showing 1 - 10 of 1,847
The mainly used welfare criterion in the social network literature is Bentham´s utilitarian concept. The shortcomings … of this concept are well-known. We compare the outcomes of the utilitarian concept with the Nash social welfare function … of welfare considerations of important network formation models are evaluated by using the multiplicative concept. We …
Persistent link: https://www.econbiz.de/10008464689
welfare properties. Here, we concentrate on welfare criteria and define properties of utility function which are causal for …
Persistent link: https://www.econbiz.de/10010266869
welfare properties. Here, we concentrate on welfare criteria and define properties of utility function which are causal for …
Persistent link: https://www.econbiz.de/10008464607
This paper studies the e¤ect of social relations on the convergence to the e¢ cient equilibrium in a 2x2 coordination game. We employ a 2x2 factorial design in which we explore two di¤erent games with asymmetric payo¤s and two matching protocols: .friends.versus .strangers.. In the .rst game...
Persistent link: https://www.econbiz.de/10005449609
This article aims to summarize the existing body of literature on social interactions and their effect on individual unemployment status. Two directions of the ongoing research are analyzed: the impact of social norms on unemployment and the importance of social networks in the job search...
Persistent link: https://www.econbiz.de/10009211110
This article aims to summarize the existing body of literature on social interactions and their effect on individual unemployment status. Two directions of the ongoing research are analyzed: the impact of social norms on unemployment and the importance of social networks in the job search...
Persistent link: https://www.econbiz.de/10010305474
We examine how participation in a microfinance program diffuses through social networks. We collected detailed demographic and social network data in 43 villages in South India before microfinance was introduced in those villages and then tracked eventual participation. We exploit exogenous...
Persistent link: https://www.econbiz.de/10011084550
-productivity, poor households, which is inconsistent with poverty and productive efficiency as targeting criteria. Second, using …
Persistent link: https://www.econbiz.de/10011817590
This paper analyzes social connectedness as an information channel in bank lending. We move beyond the inefficient lending between peers in exclusive networks by exploiting Facebook data that reflect social ties within the U.S. population. After accounting for physical and cultural distances,...
Persistent link: https://www.econbiz.de/10012306417
, in the absence of reciprocal types, face market breakdown. This efficiency-enhancing effect of reciprocity is boosted …
Persistent link: https://www.econbiz.de/10005225427