IN SEARCH OF SOCIAL CAPITAL IN ECONOMICS

The economic well-being of economic agents is assumed to be interpersonally dependent and varies according to the strength of relationships, values, and social bonds. The extent of this interpersonal dependency is measured using social capital coefficients in a neoclassical model in which agents with stable preferences maximize utility. The model's predictions are tested empirically by asking agents how their distribution of a scarce resource is altered by relationships.


Issue Date:
1996
Publication Type:
Working or Discussion Paper
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/11589
PURL Identifier:
http://purl.umn.edu/11589
Total Pages:
19
Series Statement:
Staff Paper 96-102




 Record created 2017-04-01, last modified 2020-10-28

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