The demand for social interaction
AbstractIn this paper social interaction is modeled as a consumer good. A model of household production is employed to derive the demand for social interaction. The model shows that the demand for social interaction is a function of its price, the price of other goods and income. The theory is tested with data from the General Social Survey and the results show that social interaction can be explained as the consequence of utility maximizing behavior by individuals. These results are in contrast to social capital theorists who have attributed these changes to factors such as increased community heterogeneity.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).
Volume (Year): 37 (2008)
Issue (Month): 3 (June)
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Web page: http://www.elsevier.com/locate/inca/620175
Other versions of this item:
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
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