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Incentives And Social Capital
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Book Synopsis Incentives and Social Capital by : Denise DiPasquale
Download or read book Incentives and Social Capital written by Denise DiPasquale and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Homeownership may encourage investment in local amenities and social capital, both because homeownership gives individuals an incentive to improve their community and because homeownership creates barriers to mobility. Using the U.S. General Social Survey, we document that homeowners invest more in social capital; a simple instrumental variables strategy suggests that the relationship may be casual. We also find evidence that a large portion of the effect of homeownership on these investments comes from lower mobility rates for homeowners. Using the German Socio-Economic Panel, we find a connection between homeownership and citizenship controlling for individual fixed effects.
Book Synopsis Social Capital, Corporate Culture, and Incentive Intensity by : Rafael Rob
Download or read book Social Capital, Corporate Culture, and Incentive Intensity written by Rafael Rob and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the design of incentives in a firm in which cooperation among workers is important. Since cooperation is not observed, the firm is unable to reward workers for it. Workers may, nonetheless, cooperate because they derive direct utility from cooperation. This utility is endogenously determined and depends on how much others have cooperated in the past as well as on the firm's incentive intensity. Consequently, incentives are chosen with the aim of enhancing workers' utility from cooperation or of building "social capital." We show that the optimal choice of incentives can create cultural differences across firms.
Download or read book Social Capital written by Partha Dasgupta and published by World Bank Publications. This book was released on 2000 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a number of papers presented at a workshop organised by the World Bank in 1997 on the theme of 'Social Capital: Integrating the Economist's and the Sociologist's Perspectives'. The concept of 'social capital' is considered through a number of theoretical and empirical studies which discuss its analytical foundations, as well as institutional and statistical analyses of the concept. It includes the classic 1987 article by the late James Coleman, 'Social Capital in the Creation of Human Capital', which formed the basis for the development of social capital as an organising concept in the social sciences.
Book Synopsis Social Capital and Incentive Compatibility by : Tewodaj Mogues
Download or read book Social Capital and Incentive Compatibility written by Tewodaj Mogues and published by . This book was released on 2003 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Social Capital and Economic Development by : Patrick Francois
Download or read book Social Capital and Economic Development written by Patrick Francois and published by Routledge. This book was released on 2002-07-25 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: This immensely readable book by Patrick François provides an original insight into the increasingly fashionable topic that is social capital. In a unique, original study, the author emphasises trustworthiness as a vital feature of social capital and argues that standard economic treatments of this phenomenon are inadequate. The book's richer evolutionary treatment of this is embedded in a neoclassical model and will prove to be essential reading for economic development scholars as well as those interested in development studies and economic thought in general.
Book Synopsis Knowledge and Social Capital by : Eric Lesser
Download or read book Knowledge and Social Capital written by Eric Lesser and published by Routledge. This book was released on 2009-11-03 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social capital - the informal networks, trust and common understanding among individuals in an organization - determines major competitive advantages in today's networked economy. Knowledge and Social Capital explains how social capital can drive collaboration, reconcile an organization's internal and external labor markets, and improve organizational effectiveness. This edited compilation of authoritative articles helps readers understand how they can build and capitalize on their own organizations' social capital. Knowledge and Social Capital teaches core principles and important strategies to a range of executives, including organizational development specialists, corporate strategists, and knowledge management professionals. Readers will learn how an organization can:
Download or read book Social Capital written by Partha Dasgupta and published by World Bank Publications. This book was released on 2000 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is an outgrowth of a workshop, held at the World Bank in April 1997, which was devoted to exploring the concept of social capital through a multidisciplinary forum."--BOOK JACKET.
Book Synopsis From Incentives to Impediments by : Ryan Coles
Download or read book From Incentives to Impediments written by Ryan Coles and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The prevailing view in the management literature is that income inequality fosters entrepreneurship by providing both incentives and resources for individuals to engage in risk-taking and innovative activities. However, we contend that this view overlooks the potential negative effects of high levels of income inequality on entrepreneurship. We develop and test a curvilinear theory of income inequality and entrepreneurship, which posits that the relationship between inequality and entrepreneurship shifts from positive to negative as inequality increases beyond a certain threshold. We further propose that this nonlinear effect is mediated by social capital, which is undermined by excessive inequality. Social capital enables entrepreneurship by reducing transaction costs. We empirically examine our theory using data on entrepreneurial activity across all Mexican municipalities over a 12-year period (2000-2011). Our results support our curvilinear hypothesis and our mediation mechanism, and thus advance the understanding of income inequality, social capital, and entrepreneurship.
Book Synopsis Social Capital and Economic Development by : Jonathan Isham
Download or read book Social Capital and Economic Development written by Jonathan Isham and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The chapters in this volume explore the challenges and opportunities raised by this concept for researchers, practitioners and teachers. Social Capital and Economic Development is based upon a consistent, policy-based vision of how social capital affects well-being in developing countries.
Book Synopsis Social Capital by : Viva Ona Bartkus
Download or read book Social Capital written by Viva Ona Bartkus and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: For this book Bartkus and Davis assembled the social capital equivalent of the New York Yankees slugger s row of the 1950s, recruiting some of the best Hall of Fame hitters around along with a number of future stars still early in their careers. The result is a good reflection of the current state of the literature on social capital. Robert D. Putnam, Harvard University, US Social capital is widely used and sometimes mis-used by scholars, policymakers, and the general public. The time has come for thoughtful reflection, synthesis, and informed criticism regarding this important concept. Bartkus and Davis have developed a ground-breaking collection of essays exploring the ideas and evidence underpinning social capital. Denise M. Rousseau, Carnegie Mellon University, US At heart, social capital is a simple concept that relationships matter. Bartkus and Davis foster a vibrant debate among leading scholars as to the critical definition, creation, and consequences of social capital. I commend Bartkus and Davis for their interdisciplinary efforts, for there is no more important challenge facing the social sciences today than the exploration of trust and social capital in our society. Father Theodore Hesburgh, University of Notre Dame, US Social capital has taken the social sciences by storm yet remains fraught with controversy. Despite its complexity and conceptual difficulties, the persistent interest in social capital arises from the fact that it helps us make sense of why people do what they do. This book showcases new innovative research in economics, politics, sociology, and management regarding the topic. Leading scholars from a variety of disciplines present ground-breaking new research exploring the still-undiscovered value of social capital. The book employs a self-consciously multi-disciplinary approach to address two objectives: reaching out and reaching in. Through theoretical and empirical scholarship, the authors explore the many contexts in which the phenomenon can have impact. In effect, social capital research reaches out to issues of economic well-being, civic participation, educational achievement, knowledge and norm formation, and competitive advantage. Further, the authors investigate the many connections between the core themes of social capital and the pillars on which it rests, including structural networks, cognition, relationships and trust. This book is fundamentally about bridging bridging across disciplines, units of analysis, and themes. Scholars, students, and other interested readers from the social sciences and management will find this book challenging and illuminating.
Book Synopsis Individual Payoffs and the Effect of Homeownership on Social Capital Investment by : Eric Fesselmeyer
Download or read book Individual Payoffs and the Effect of Homeownership on Social Capital Investment written by Eric Fesselmeyer and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are all social capital investments equal in the eyes of homeowners and renters? Presumably, social capital investments that lead to increases in home values provide stronger incentives for homeowners than renters. In contrast, for social capital investments that do not directly impact home values, one would not expect homeowners and renters to differ in their investment rates. In this paper, we test this hypothesis using confidential and detailed individual-level panel data from Los Angeles county. We estimate the effect of homeownership on social capital investment, i.e., participation in social-capital creating activities, using a bivariate probit model and fixed effects models that control for individual-specific, time-constant heterogeneity that would otherwise cause omitted variable bias. Each model addresses the endogeneity of homeownership differently with identification arising from different sources. We find strong evidence that homeownership increases the rate of participation in block meetings, a social capital investment that should affect property values, and find no homeownership effect on three other social capital creating activities that likely do not: volunteerism, participation in a local political organization, and participation in a civic group. The results suggest that the effect of homeownership on social capital investment depends on whether the returns to such investments accrue solely to homeowners.
Book Synopsis Social Capital, Corporate Social Responsibility, Economic Behaviour and Performance by : L. Sacconi
Download or read book Social Capital, Corporate Social Responsibility, Economic Behaviour and Performance written by L. Sacconi and published by Springer. This book was released on 2010-12-13 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the concepts of social capital, corporate social responsibility, and economic development in relation to economic theory of institutions and behavioural economics. It also takes a macroeconomic and empirical approach, on the relationship between social capital, ethical behaviour and economic development.
Book Synopsis Altruism and Social Capital by : Armida Salvati
Download or read book Altruism and Social Capital written by Armida Salvati and published by Universal-Publishers. This book was released on 2008 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: TABLE OF CONTENTS CHAPTER I: UTILITY AND INTEREST Introduction 5 1.1 - Utility and Interest 6 1.2 - Rationality and public goods 7 1.3 - A quantitative determination of the group and a collective undertaking 8 1.4 - The prisoner¿s dilemma and the dominant strategy 10 1.5 Dimension of the groups and selective incentives 13 CHAPTER II: FOR AN UNORTHODOX THEORY OF RATIONALITY Introduction 17 2.1 - Freedom of choice and freedom of the mode of choice 20 2.2 - Strategic rationality and parametric rationality 23 2.3 - Cooperative solutions to the prisoner dilemma 25 2.3.1 Evolutionary emergence of cooperation 25 2.3.2 Cooperation as a dynamic process 26 2.3.3 Does being altruistic pay? 27 2.4 - Sub-intentional causality 28 2.4.1 Convince yourself to believe: Pascal 29 2.4.2 Force yourself to be coherent: Cartesius 29 2.4.3 Endogenous change of the preferences 30 2.4.4 Temporarily incoherent preferences 31 2.5 Super-intentional causality 32 2.6 How to explain altruism 32 2.6.1 Altruism and the social environment 33 2.7 - Altruism as a by-product 37 2.8 - Is altruism rational? 39 Conclusions 40 CHAPTER III: COLLECTIVE ACTION AND THE THEORY OF MOVEMENT Introduction 45 3.1 - Mobilization of resources and relative privation 45 3.2 - The Identity theory 46 3.3 - Identity and loyalty: two models compared 47 3.4 - Identity and recognition 48 3.5 - Private happiness and public happiness 50 3.6 ¿ Identity and contract 51 3.7 - Conditions of cooperation 53 3.8 - Strategy and identity 54 CHAPTER IV: SOCIAL CAPITAL AS A RESOURCE FOR COLLECTIVE ACTION 4. 1 - For a definition of social capital 57 4.2 - Form and genesis of social capital 59 CHAPTER V: SEARCHING FOR LOST ALTRUISM 5.1 - Anti-utilitarianism 63 5.2 - Altruism and social capital 70 Bibliography 79.
Book Synopsis Knowledge and Social Capital by : Eric Lesser
Download or read book Knowledge and Social Capital written by Eric Lesser and published by Routledge. This book was released on 2000 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work argues that there is more to explaining the differences in business success than individual characteristics alone. It examines an organization's ability to manage its knowledge resources, build coherence among its management team, and address opportunities in the outside environment.
Book Synopsis Connecting and Cooperating by : Jenny Lewis
Download or read book Connecting and Cooperating written by Jenny Lewis and published by ReadHowYouWant.com. This book was released on 2010-09 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Researchers, policy-makers, and students who study grassroots movements will welcome this blueprint for integrating social capital theories into their models. Showing that a public policy that increases social capital is the holy grail of modern governments, this manual explains what social capital is, how it is measured, and how to increase its...
Book Synopsis The Handbook of Social Capital by : Dario Castiglione
Download or read book The Handbook of Social Capital written by Dario Castiglione and published by Oxford University Press. This book was released on 2008-04-17 with total page 745 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social capital is a relatively new concept in the social sciences. In the last twenty or so years it has come to indicate that networks of social relationships represent a 'resource' for both the individual and society, since they provide support for the individual and facilitate collective action. Although this is not an entirely new idea, the more systematic way in which social capital captures such an intuition has created a new theoretical paradigm and helped to develop a seriesof innovative research programmes in politics, economics, and the study of human well-being. The concept has gained currency beyond academia, extending its influence to political and policy-making circles at local, national, and international levels. It has also affected the way in which socialsurveys are conceived and public policies assessed. As the idea of social capital has spread, the literature about it has increased exponentially. After twenty years of rapid expansion it is time for a more considered and critical assessment of how the original concept has been adapted and refined, and how successful its application has been. The Handbook of Social Capital intends to do precisely that. It offers a state-of-the-art view of discussions about the concept of social capitaland the way in which it has been applied in empirical research.The organization of the Handbook reflects this intention by focusing on conceptual development and analysis in the first part; by identifying two main areas of research in which social capital has favoured the development of new and influential research programmes - political participation in democratic societies, and economic development; and by exploring the more normative and policy oriented consequences of social capital. All chapters comprising the volume were specifically writtenfor the Handbook by some of the main experts in the fields. The book provides authoritative and innovative introduction to the study of social capital.
Book Synopsis Communities, Co-Ops, and Clubs by : Joshua Jacobs
Download or read book Communities, Co-Ops, and Clubs written by Joshua Jacobs and published by . This book was released on 2018 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study a continuous-time organization design problem. Each member's output is an imperfect signal of his underlying choice of effort, and each member's utility from remaining in the organization is endogenous to the output of other agents. Monetary transfers are assumed infeasible. Incentives can be provided only through two potential channels: removal due to poor performance (the stick) and rewarding good performance by allowing a "vacation" or respite (the carrot). We derive the steady-state distribution of continuation utilities of agents in the organization and show that both the stick and the carrot are used to provide incentives under an optimal design. Moreover, the optimal organization may be implemented by associating continuation utilities with a reputation system that tracks each member's performance over time.
