We analyze the problem of optimal monopoly pricing in social networks where agents care about consumption or prices of their neighbors. We characterize the relation between optimal prices and consumersʼ centrality in the social network. This relation depends on the market structure (monopoly...

This paper studies optimal pricing in networks in the presence of local consumption or price externalities. It analyzes the relation between prices and nodal centrality measures. Using an asymptotic approach, it shows that the ranking of optimal prices and strategies can be reduced to the...

We examine the determinants of expenditures on wedding celebrations by rural Indian families. We develop a status signaling model of wedding celebrations where the size of the celebration signals the quality of the new groom’s family and, thus, the enhanced social status of the bride’s...

This paper examines how domestic violence may be used as an instrument to extract large transfers from a spouse's family. It is based on a case-study of three villages in Southern India, conducted by the authors, that combines qualitative and survey data. Based on the ethnographic evidence, we...

We examine the determinants of expenditures on wedding celebrations by rural Indian families. Fieldwork, using open-ended interviews and focus group discussions in two villages in Karnataka State in Southern India, suggests that wedding celebrations are to a large extent a signal of social...

The authors examine how domestic violence may be used as a bargaining instrument, to extract larger dowries from a spouse's family. The phrase"dowry violence"refers not to the paid at the time of the wedding, but to additional payments demanded by the groom's family after the marriage. The...

May 2000 - Some aspects of violent behavior are linked to economic incentives and deserve more attention from economists. In India, for example, domestic violence is used as a bargaining instrument, to extract larger dowries from a wife's family, after the marriage has taken place. Bloch and Rao...