Social capital is a resource increasingly recognized as having important economic and social consequences. Robison and Siles (1999) examined some of these consequences at the U.S. state level and this study extends their efforts. Their 1999 study found important connections between the...

Introduction The purposes of this paper are: (1) to introduce the social capital paradigm; (2) to present evidence that social capital has an important role in poverty reduction; and (3) to suggest several policy prescriptions for building and using social capital to reduce poverty. The social...

This paper illustrates a new methodology for finding preferred action choice(s) under uncertainty for well-defined classes of decision-makers The methodology does not replace the expected utility maximizing rule, which has been used to identify preferred action choices; rather it extends the...