Why Should Theorists Care about Social Capital?

نویسنده

  • Markus M. Möbius
چکیده

Social capital is embedded in social networks. For the purpose of these notes, I use the terms social capital and social networks interchangeably. At the most basic level it is useful to think of social capital in a supply-demand framework. Individual agents have some demand for social capital. More precisely, agents have demand for the services provided by social capital such as having access to the support of friends in times of need. Agents ’purchase’ access to the services provided by the community by producing links to other members of the community. The joint investments of all agents in building links determine the level of supply of social capital.

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تاریخ انتشار 2001