Inequality and visibility of wealth in experimental social networks
Akihiro Nishi,
Hirokazu Shirado,
David G. Rand and
Nicholas A. Christakis ()
Additional contact information
Akihiro Nishi: Yale Institute for Network Science, Yale University
Hirokazu Shirado: Yale Institute for Network Science, Yale University
David G. Rand: Yale Institute for Network Science, Yale University
Nicholas A. Christakis: Yale Institute for Network Science, Yale University
Nature, 2015, vol. 526, issue 7573, 426-429
Abstract:
Wealth inequality and wealth visibility can potentially affect overall levels of cooperation and economic success, and an online experiment was used to test how these factors interact; wealth inequality by itself did not substantially damage overall cooperation or overall wealth, but making wealth levels visible had a detrimental effect on social welfare.
Date: 2015
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DOI: 10.1038/nature15392
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