This paper studies the effect of different social networks on investment decisions, and investigates how homophily and learning drive peer effect in financial decisions. Using unique data on co-workers, family, neighbors, and stock trading, I find that co-workers are the most influential peers,...

I construct a novel network of labor market peers that is denser and more centralized compared to product and capital market networks. Using my labor market network, I provide robust evidence that focal firms spend more on R&D and suffer more talent outflows when their labor market peers...

We study both endogenous and exogenous peer effects in worker productivity using an explicit network approach. We find that a 10% increase in average co-worker current productivity increases worker productivity by 5.3%. A 10% increase in average co-worker permanent productivity decreases worker...

We study a critical driver of future wages: peers. Using linked employer-employee data for Italy, we explore peer effects in two directions. First, using a novel estimation method and accounting for the endogenous sorting of workers into peer groups and firms, we estimate the impact of the...

Although there exists a large literature analyzing whether an individual’s peers have an impact on that individual’s own behavior and subsequent outcomes, there is paucity of research on whether peers influence a person’s decisions and judgments regarding a third party. We investigate...

Competition is widely used to increase effort and performance. However, in many domains, performance not only depends on individual effort but also on cooperation between agents. In such cases, competition may decrease individual performance because it may weaken the cooperation between agents...

This study aims to determine effect of parents attention, peers, and self-discipline against FE UNJ’S student Learning Outcomes. This research are use a quantitative methods with 101 sample respondents with sampling that randomly collect via Google Forms. The results of this study had a...

A representative group action regime has been implemented in Portugal by Law 83/95, of 31 August, on the right to take part in administrative proceedings and the right of popular action, last amended by Decree-Law 214-G/2015, of 2 October. The legislator gave effect to Article 52 (3) of the...

We exploit the external nature of Indian trade liberalization in 1991 to study the impact of increased competition on the welfare disadvantage faced by the Constitutionally recognized disadvantaged groups, known as Scheduled Castes/Tribes (SC/ST), in India. We use the 1991 Census employment...

Peer punishment is widely considered a key mechanism supporting cooperation in human groups. Although much research shows that human behavior is shaped by the prevailing social norms, little is known about how punishment decisions are impacted by the social context. We present a set of...