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On Representative Social Capital

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Author Info
Charles Bellemare
Sabine Kroger

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Abstract

This paper analyzes data for a random sample drawn from the Dutch population who reveal their capacity to provide and sustain social capital by their propensity to invest and reward investments by means of an economic experiment. We have three main results. First, we find that heterogeneity in behavior is characterized by several asymmetries -- men, the young and elderly, and low educated individuals invest relatively less, but reward significantly more investments. Second, higher expected levels of investments have a positive and significant effect on the level of investments themselves, corroborating the presence of social norms. Third, we compare our results with a laboratory experiment conducted with a student sample. We find that the student sample provides a lower bound of the population level of social capital.

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Paper provided by CIRPEE in its series Cahiers de recherche with number 0504.

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Date of creation: 2005
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Handle: RePEc:lvl:lacicr:0504

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Related research
Keywords: Social Capital Investments Social Norms Experiment Representative Sample

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Find related papers by JEL classification:
Z13 - Other Special Topics - - Cultural Economics - - - Social Norms and Social Capital; Social Networks Economic Anthropology
C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - General
D39 - Microeconomics - - Distribution - - - Other

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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Steffen Altmann & Thomas Dohmen & Matthias Wibral, 2007. "Do the Reciprocal Trust Less?," IZA Discussion Papers 3010, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  2. Bellemare, C. & Kroger, S. & Soest, A.H.O. van, 2007. "Preferences, Intentions, and Expectations: A Large-Scale Experiment With a Representative Subject Pool," Discussion Paper 2007-64, Tilburg University, Center for Economic Research. [Downloadable!]
    Other versions:
  3. Huck, S. & Muller, W., 2007. "Allais for All: Revisiting the Paradox," Discussion Paper 2007-99, Tilburg University, Center for Economic Research. [Downloadable!]
  4. repec:ese:iserwp: is not listed on IDEAS
  5. Gaudecker, H.M. von & Soest, A.H.O. van & Wengstrom, E., 2008. "Selection and Mode Effects in Risk Preference Elicitation Experiments," Discussion Paper 2008-11, Tilburg University, Center for Economic Research. [Downloadable!]
    Other versions:
  6. Simon Gaechter & Benedikt Herrmann, 2007. "The limits of self-governance when cooperators get punished: Experimental evidence from urban and rural Russia," Discussion Papers 2007-11, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham. [Downloadable!]
  7. Dohmen, Thomas J & Falk, Armin & Huffman, David & Sunde, Uwe, 2006. "Homo Reciprocans: Survey Evidence on Prevalence, Behaviour and Success," CEPR Discussion Papers 5789, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  8. Charles Bellemare & Sabine Kröger & Arthur van Soest, 2005. "Actions and Beliefs: Estimating Distribution-Based Preferences Using a Large Scale Experiment with Probability Questions on Expectations," IZA Discussion Papers 1666, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  9. Catherine Eckel & Rick Wilson, 2006. "Internet cautions: Experimental games with internet partners," Experimental Economics, Springer, vol. 9(1), pages 53-66, April. [Downloadable!] (restricted)
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