This paper examines the effect of household access to microcredit upon work by seven to eleven year old children in rural Malawi. Given that microcredit organizations foster household enterprises wherein much child labor is engaged, this paper aims to discover whether access to microcredit might...

This paper examines the effect of household access to microcredit upon work by seven to eleven year old children in rural Malawi. Given that microcredit organizations foster household enterprises wherein much child labor is engaged, this paper aims to discover whether access to microcredit might...

Heterogeneity in Nash networks with two-way flow can arise due to differences in the follow- ing four variables: (i) the value of information held by players, (ii) the rate at which information decays as it traverses the network, (iii) the probability with which a link transmits information, and...

In this paper we consider four different game-theoretic approaches to describe the formation of social networks under mutual consent and costly communication. First, we consider Jackson-Wolinsky’s concept of pairwise stability. Next, we introduce a stronger version of this concept based on...