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On the Nature, Modeling, and Neural Bases of Social Ties

Author

Listed:
  • Frans van Winden

    () (University of Amsterdam)

  • Mirre Stallen

    (Erasmus University Rotterdam)

  • K. Richard Ridderinkhof

    (University of Amsterdam)

Abstract

Purpose: This paper addresses the nature, formalization, and neural bases of (affective) social ties anddiscusses the relevance of ties for health economics. A social tie is defined as an affectiveweight attached by an individual to the well-being of another individual ('utilityinterdependence'). Ties can be positive or negative, and symmetric or asymmetric betweenindividuals. Characteristic of a social tie, as conceived of here, is that it develops over timeunder the influence of interaction, in contrast with a trait like altruism. Moreover, a tie is notrelated to strategic behavior such as reputation formation but seen as generated by affectiveresponses. Methodology/approach: A formalization is presented together with some supportive evidence from behavioralexperiments. This is followed by a discussion of related psychological constructs and thepresentation of suggestive existing neural findings. To help prepare the grounds for a modelbasedneural analysis some speculations on the neural networks involved are provided, togetherwith suggestions for future research. Findings: Social ties are not only found to be important from an economic viewpoint, it is also shownthat they can be modeled and related to neural substrates. This discussion paper has resulted in a chapter in 'Neuroeconomics - Advances in Health Economics and Health Services Research' , 2008, 20, 125-59.

Suggested Citation

  • Frans van Winden & Mirre Stallen & K. Richard Ridderinkhof, 2008. "On the Nature, Modeling, and Neural Bases of Social Ties," Tinbergen Institute Discussion Papers 08-063/1, Tinbergen Institute.
  • Handle: RePEc:tin:wpaper:20080063
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    References listed on IDEAS

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    Cited by:

    1. Dittrich, Dennis A.V. & Büchner, Susanne & Kulesz, Micaela M., 2015. "Dynamic repeated random dictatorship and gender discrimination," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 55(C), pages 81-90.

    More about this item

    Keywords

    Social Ties; Affect; Modeling; Neuroeconomics;

    JEL classification:

    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • D87 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Neuroeconomics
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • I10 - Health, Education, and Welfare - - Health - - - General

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