Endogenous Social Capital

Bryan R. Routledge () and Joachim von Amsberg

No 1997-48, GSIA Working Papers from Carnegie Mellon University, Tepper School of Business

Abstract: A simple model is provided to define and characterize Coleman's (1990) important concept of social capital. Like the physical, human and technological forms of capital, social capital can significantly impact welfare. Social capital is important because

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