This article outlines a model of how social interactions among persons belonging to the same region might influence the individual unemployment duration. The impact is assumed to be enhanced through social work norms shared by peers within the group. Building on a range of German data sets and...

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...

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...

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...

This article outlines a model of how social interactions among persons belonging to the same region might influence the individual unemployment duration. The impact is assumed to be enhanced through social work norms shared by peers within the group. Building on a range of German data sets and...

Recent studies in psychology and neuroscience find that fictional works exert strong influence on readers and shape their opinions and worldviews. We study the Potterian economy, which we compare to economic models, to assess how Harry Potter books affect economic literacy. We find that some...

One of the defining features of modern social science and economics in particular is the hard break it posits between everyday and scientific knowledge. French philosophers have called this characteristic the epistemological break. One of the key consequences of this break is that scientists...

Modern exchange theories model a large market, but do not explain single exchanges. This paper considers the phenomenon of single exchange and formulates the general exchange problem in the form of a system of two equations, subjective and objective. Subjective equilibrium is given by the...

Economic organization of the imaginary worlds depicted in popular literary works may be viewed as a mirror to public opinion on the economic organization of life. If a book becomes a best-seller, it is because the book conveys messages, feelings, and events the readers can relate to. In other...

Criticism of the compensation practice of bonus payments was a key element of the public debate concerning the causes and consequences of the global financial crisis (GFC). Along with the criticism of bonuses in the financial and banking sector, the validity of the performance principle as a...