Social Capital And Risk Responses
The economic well-being of economic agents is assumed to be interpersonally dependent. The extent of this interpersonal dependency varies according to the strength of relationships, values, and social bonds and 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 willingness to bear a risk is altered when their refusal to accept the risk increases the risk faced by others.
|Date of creation:||1996|
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References listed on IDEAS
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- Robison, Lindon J. & Hanson, Steven D., 1995.
"Social Capital And Economic Cooperation,"
Journal of Agricultural and Applied Economics,
Southern Agricultural Economics Association, vol. 27(01), July.
- Robison, Lindon J. & Hanson, Steven D., 1995. "Social Capital and Economic Cooperation," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 27(01), pages 43-58, July.
- Feldstein, Martin S & Taylor, Amy, 1976. "The Income Tax and Charitable Contributions," Econometrica, Econometric Society, vol. 44(6), pages 1201-1222, November.
- Blank, Rebecca M, 1991. "The Effects of Double-Blind versus Single-Blind Reviewing: Experimental Evidence from The American Economic Review," American Economic Review, American Economic Association, vol. 81(5), pages 1041-1067, December. Full references (including those not matched with items on IDEAS)
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