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This paper studies how the strength of social ties is affected by the geographical location of other individuals and their social capital. We characterize the equilibrium in terms of both social interactions and social capital. We show that lower travel costs increase not only the interaction...
Persistent link: https://www.econbiz.de/10014496525
In this paper, we investigate the impact of peers on own outcomes where all agents embedded in a network choose more than one activity. We develop a simple network model that illustrates these issues. We differentiate between the ‘seemingly unrelated’ simultaneous equations model where...
Persistent link: https://www.econbiz.de/10014165331
This paper studies how the strength of social ties are affected by the geographical location of other individuals and their social capital. We characterize the equilibrium in terms of both social interactions and social capital. We show that lower travel costs increase not only the interaction...
Persistent link: https://www.econbiz.de/10014081945
empirical tests of the key player policy in a real world setting. This policy defines a micro-founded strategy for removing the … theoretical predictions of the key player policy with real world outcomes. By focusing on networks for which the key player has … disappeared over time, we show that the theoretical predicted crime reduction is close to what is observed in the real world. We …
Persistent link: https://www.econbiz.de/10013057053
We develop a model where information about jobs is essentially obtained through friends and relatives, i.e. strong and weak ties. Workers commute to a business center to work and to interact with other people. We find that housing prices increase with the level of social interactions in the city...
Persistent link: https://www.econbiz.de/10013325176
This paper studies how the strength of social ties are affected by the geographical location of other individuals and their social capital. We characterize the equilibrium in terms of both social interactions and social capital. We show that lower travel costs increase not only the interaction...
Persistent link: https://www.econbiz.de/10013264823
We develop a model where information about jobs is essentially obtained through friends and relatives, i.e. strong and weak ties. Workers commute to a business center to work and to interact with other people. We find that housing prices increase with the level of social interactions in the city...
Persistent link: https://www.econbiz.de/10013130958