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| Robison, Lindon J.; Myers, Robert J.; Siles, Marcelo E.. |
| Social capital, a person or group's sympathy or sense of obligation for another person or group, assumes relationships can alter the terms of trade and the likelihood of trades between individuals. Other important economic consequences of social capital result from its ability to internalize externalities. This paper introduces social capital into the neoclassical model to derive forecasts of how relationships will alter the minimum-sell prices of farmland and the likelihood of trades between persons with different relationships. Also deduced in this paper is the effect of social capital on the level and dispersion of benefits from trade. Empirical evidence from a 1,500 farmland owner-operator survey is analyzed and provides support for the social... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Institutional and Behavioral Economics; International Relations/Trade. |
| Ano: 1999 |
URL: http://purl.umn.edu/11546 |
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| Robison, Lindon J.; Schmid, A. Allan; Siles, Marcelo E.. |
| Social capital in the past two decades has emerged as a dominant paradigm in the various social science disciplines. However, its adoption by the different social science disciplines has led to multiple and often conflicting definitions of social capital. Some differences in the definition of social capital can be explained because scientists have included in the definition expressions of its possible uses, where it resides, and how its service capacity can be changed. This paper defends the social capital metaphor by pointing out that social capital has many important capital-like properties including service potential, durability, flexibility, substitutability, opportunities for decay (maintenance), reliability, ability to create other capital forms,... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Social capital; Cultural capital; Human capital; Physical/financial capital; Service potential; Durability; Flexibility; Substitutability; Decay (maintenance); Reliability; Investment (disinvestment); Institutional and Behavioral Economics. |
| Ano: 1999 |
URL: http://purl.umn.edu/11649 |
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| Robison, Lindon J.; Siles, Marcelo E.; Schmid, A. Allan. |
| Introduction The purposes of this paper are: (1) to introduce the social capital paradigm; (2) to present evidence that social capital has an important role in poverty reduction; and (3) to suggest several policy prescriptions for building and using social capital to reduce poverty. The social capital paradigm includes social capital, networks, socio-emotional goods, attachment values, institutions, and power. Social capital is a person or group's sympathy for others. Social capital resides in sympathetic relationships that can be described using networks. One reason to value social capital is because it can produce economic benefits and if neglected, economic disadvantages. Another reason to value social capital is because it can be used to produce... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Food Security and Poverty; Institutional and Behavioral Economics. |
| Ano: 2002 |
URL: http://purl.umn.edu/10941 |
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| Peterson, H. Christopher; Robison, Lindon J.; Siles, Marcelo E.. |
| The concept of social capital is defined as a third process (along with individual incentives and authority relationships) for assuring transaction cost efficiency. Social capital is especially relevant to international transactions because cultural differences, large distances, and limited international institutional scope lessen the effectiveness of incentives and authority relationships while social capital can be built within the context of specific international transactions. Methods for building social capital in international settings are explored. A research agenda is articulated as well as a list of managerial implications for using social capital in an international context. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agribusiness. |
| Ano: 1999 |
URL: http://purl.umn.edu/11490 |
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| Robison, Lindon J.; Siles, Marcelo E.. |
| An organization is a group of persons who satisfy an established membership requirement. Membership requirements may be based on inherited or earned traits. Organizations provide a place for social capital to reside. Organizations exist because they provide the setting in which members can meet their economic, social, validation, and information needs. As the needs of members change, membership requirements and organizational emphasis may also change. Relationships among an organization's members range from antipathetic to sympathetic. Depending on the quality of relationships or social capital within an organization, power will be exercised using a stick, carrot, and hug. Organizations may experience conflict if members perceive they must compete... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Institutional and Behavioral Economics. |
| Ano: 1998 |
URL: http://purl.umn.edu/11537 |
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