We present a model of opinion formation where individuals repeatedly engage in discussion and update their opinion in a social network similarly to the DeGroot model. Abstracting from the standard assumption that individuals always report their opinion truthfully, agents in our model may state...

Despite poor regional labour market conditions East Germans exhibit a rather limited willingness of leaving their home region. Applying an IV ordered probit approach and using the German Socio Economic Panel, we test a local network explanation of lower spatial mobility. Firstly, we find that...

This study analyses the relationship between social capital accumulation and the amount of rural credit market contracts of the State of São Paulo, Brazil. The most important definitions of social capital found on literature and the main ways of creation and measure this variable were reported....

Does an individual's housing situation affect community social capital and influence regional development through this channel? A body of literature which followed the seminal work of DiPasquale and Glaeser suggests that homeownership is positively related to social capital formation due to both...

The aim of the study is to analyze the representative variables of the stock of social capital available in the São Paulo State's counties, Brazil, according to the theory and methodology proposed by Robert Putnam. It describes some representative elements of social capital in the counties of...

Putnam (1995)'s seminal work was one of the first to describe the decline of social capital in the US after the 1960s, a period that saw a large increase in the flow of immigrants into the US. Using the Volunteer Supplement of the September Sample of the Current Population Survey (CPS) between...

We analyze a model of strategic network formation prior to a Manea (2011) bargaining game: ex-ante homogeneous players form an undirected network with explicit linking costs anticipating expected equilibrium payoffs from the subsequent sequential network bargaining. Assuming patient players, we...

Increasing concerns about climate change have given rise to the formation of International Environmental Agreements (IEAs) as a possible solution to limit global pollution eff ects. In this paper, we study the stability of IEAs in a repeated game framework where we restrict to strategies which...

This paper uses a clean experiment to investigate the impact of peer observation on the consumption decisions of rural households in Thailand. We find that those groups that observe each other show lower within group standard deviation in their decisions. At the same time, we also find that...

The paper analyzes a dynamic model of rational strategic learning in a network. It complements existing literature by providing a detailed picture of short-run dynamics in a game of strategic experimentation where agents are located in a social network. We show that the delay in information...