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In Search Of Social Capital In Economics

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  • Robison, Lindon J.

Abstract

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.

Suggested Citation

  • Robison, Lindon J., 1996. "In Search Of Social Capital In Economics," Staff Paper Series 11589, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    • Handle: RePEc:ags:midasp:11589
    DOI: 10.22004/ag.econ.11589
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    File URL: https://ageconsearch.umn.edu/record/11589/files/23422.pdf
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    References listed on IDEAS

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    Cited by:

    1. Robison, Lindon J. & Myers, Robert J. & Siles, Marcelo E., 1999. "Social Capital, The Terms Of Trade, And The Distribution Of Income," Staff Paper Series 11546, Michigan State University, Department of Agricultural, Food, and Resource Economics.

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