We study the effect of learning another language on the social and individual welfare by a people group who do not know that language. We use network economics approach in order to take into account the externalities of languages. The equilibrium with decentralized choices is not as good as the resulting from centralized choices. ****************************************************************************************************************** El documento estudia el impacto del aprendizaje de una lengua por parte de un grupo de personas sobre el bienestar individual y social. Se aborda el enfoque de economía de redes para incorporar las externalidades que aparecen en lenguaje. Se encuentra que el equilibrio alcanzado cuando se toman decisiones descentralizadas es inferior al que se obtendría al tomarlas de manera centralizada.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by UNIVERSIDAD DEL ROSARIO - FACULTAD DE ECONOMÍA in its series DOCUMENTOS DE TRABAJO with number
003908.