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This paper provides an introduction to the concept of social capital, and carries out a critical review of the empirical literature on social capital and economic development. The survey points out six main weaknesses affecting the empirics of social capital. Identified weaknesses are then used...
Persistent link: https://www.econbiz.de/10005230901
implications of various philosophical theories of justice for the way in which a welfare economist might appraise a particular … when discussing distributive justice. Here however we have distinguished notions of justice which are essentially … health opportunity set), from theories which require the social welfare function (or maximand) to have particular properties …
Persistent link: https://www.econbiz.de/10014024170
, not for efficiency. In this paper we claim that condition [1] can be dropped and show experimentally that this is also …
Persistent link: https://www.econbiz.de/10011397620
of selfishness and a notion of justice. The theory was tested using dictator, social planner, and veil of ignorance … experiments. Here we analyse gender differences in preferences for giving and notions of justice in experiments using the same … differences in the notion of justice between men and women; women tend to be far more egalitarian. Using our preference …
Persistent link: https://www.econbiz.de/10011339883
of selfishness and a notion of justice. The theory was tested using dictator, social planner, and veil of ignorance … experiments. Here we analyse gender differences in preferences for giving and notions of justice in experiments using the same … differences in the notion of justice between men and women; women tend to be far more egalitarian. Using our preference …
Persistent link: https://www.econbiz.de/10011327335
This paper investigates opinion dynamics and social influence in directed communication networks. We study the theoretical properties of a boundedly rational model of opinion formation in which individuals aggregate the information they receive from their neighbors by using weights that are a...
Persistent link: https://www.econbiz.de/10011335941
-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
We survey the literature on the economic consequences of the structure of social networks. We develop a taxonomy of "macro" and "micro" characteristics of social interaction networks and discuss both the theoretical and empirical findings concerning the role of those characteristics in...
Persistent link: https://www.econbiz.de/10011794582
We study learning and influence in a setting where agents communicate according to an arbitrary social network and naïvely update their beliefs by repeatedly taking weighted averages of their neighbors' opinions. A focus is on conditions under which beliefs of all agents in large societies...
Persistent link: https://www.econbiz.de/10010312406