Chapter 3: How Do We Invest in Social Capital? An Exploration of an Economic Model of Social Capital and Health

Sherman Folland, Oddvar Kaarboe () and M. Kamrul Islam

Chapter 3 in The Economics of Social Capital and Health:A Conceptual and Empirical Roadmap, 2014, pp 17-26 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Economic research on social capital usually finds that increments of social interaction improve health. Urban economists and planners naturally seek public projects that encourage residents to interact beneficially. Many such projects, such as public parks and playgrounds, beaches, policing and safety, local transportation, and improvements in shopping areas, can be expensive but it is likely that the city dweller tends to consider the expense only in general terms when voting whether to approve a tax increase. For this reason our approach here takes the insertion of such public goods as exogenous to the choice of the individual subject, maximizing his or her utility…

Keywords: Social Capital; Health and Social Capital (search for similar items in EconPapers)
Date: 2014
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