Alfred Marshall on Social Capital

David Reisman

Chapter 4 in The Economics of Alfred Marshall, 2003, pp 53-66 from Palgrave Macmillan

Abstract: Abstract Marshall, here as usual, knew it all. The subject of this Chapter is social networks and social attitudes. It grounds the problem as a whole in the economic theory of an institutional thinker who recognized the importance of non-price co-ordination through roles and laws in any explanation of how the real-world market really works.

Keywords: Social Capital; Predatory Price; Perfect Competitor; Monopolistic Competition; Marketing Reputation (search for similar items in EconPapers)
Date: 2003
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DOI: 10.1007/978-0-230-59963-5_4

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