Investments in social ties, risk sharing, and inequality
Investments in social ties, risk sharing, and inequality
About this item
Full title
Author / Creator
Publisher
Oxford University Press
Journal title
Language
English
Formats
Publication information
Publisher
Oxford University Press
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Scope and Contents
Contents
This article investigates stable and efficient networks in the context of risk sharing, when it is costly to establish and maintain relationships that facilitate risk sharing. We find a novel trade-off between efficiency and equality: the most stable efficient networks also generate the most inequality. We then suppose that individuals can be split...
Alternative Titles
Full title
Investments in social ties, risk sharing, and inequality
Authors, Artists and Contributors
Author / Creator
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Primary Identifiers
Record Identifier
TN_cdi_crossref_primary_10_1093_restud_rdaa073
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1093_restud_rdaa073
Other Identifiers
ISSN
0034-6527
E-ISSN
1467-937X
DOI
10.1093/restud/rdaa073