Quality of social networks and educational investment decisions
AbstractAll individuals belong to a social network with certain quality level. This paper analyzes the role of the quality of the social network in the educational decision making process. I propose a measure for quality of network based on the schooling level and the labor position of the members of the net. The analysis compares individuals who are similar in at least two characteristics: socioeconomic level and intellectual ability. Although they belong to the same type of community (poor), they differ in the composition of their social network. The higher the quality of the network, the higher the probability of investing in education. Hence, socially disadvantaged and equally intelligent individuals may end up acquiring different schooling levels.
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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): 43 (2013)
Issue (Month): C ()
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Web page: http://www.elsevier.com/locate/inca/620175
Social networks; Schooling decisions; Quality of networks;
Other versions of this item:
- Blanca ZULUAGA, 2010. "Quality of social networks and educational investment decisions," Center for Economic Studies - Discussion papers ces10.29, Katholieke Universiteit Leuven, Centrum voor Economische Studiën.
- I20 - Health, Education, and Welfare - - Education - - - General
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
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