Handbook of Social EconomicsHow can economists define social preferences and interactions? Culture, familial beliefs, religion, and other sources contain the origins of social preferences. Those preferences--the desire for social status, for instance, or the disinclination to receive financial support--often accompany predictable economic outcomes. Through the use of new economic data and tools, our contributors survey an array of social interactions and decisions that typify homo economicus. Their work brings order to the sometimes conflicting claims that countries, environments, beliefs, and other influences make on our economic decisions.
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Handbook of Social Economics, Volume 1, Part 1 Jess Benhabib,Alberto Bisin,Matthew O. Jackson Limited preview - 2010 |
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adoption affirmative action agents Alesina algorithm allocation analysis average behavior beliefs Bisin choice choose civic capital coalition consumption coordination game correlation cultural transmission decisions degree distributions denote depends diffusion discussion distribution Durlauf dynamics economic effects efficient empirical endogenous environment equilibrium evolution evolutionary example firms fraction genetic given grand coalition homophily incentives income individuals inequality investment Jackson labor market literature matching measure mechanism mimeo Nash equilibrium neighbors network formation network structure nodes norms observed one’s optimal outcomes parents Pareto-efficient patient payoff players population preferences for redistribution probability problem Q. J. Econ random random graph relative result role Section signal So¨nmez social capital social interactions social networks society stable statistical discrimination status strategy strategy-proof survey symmetric equilibrium Theorem Theory tion traits trust utility function variables wage workers World Values Survey