Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/78392
Authors: 
Antoci, Angelo
Sacco, Pier Luigi
Vanin, Paolo
Year of Publication: 
2001
Series/Report no.: 
Bonn Econ Discussion Papers 13/2001
Abstract: 
We develop an evolutionary model of growth in which agents choose how to allocate their time between private and social activities. We argue that a shift from social to private activities may foster market-based growth, but also generate social poverty. Within a formal framework that merges a game theoretic analysis of the evolution of social participation with a model of dynamic accumulation of its effects on social environment (i.e., of social capital accumulation), we show that growth and well-being may evolve in opposite directions (a plausible outcome for advanced and affluent societies).
Subjects: 
Time Allocation
Social Capital
Relational Goods
JEL: 
C73
D62
I31
J22
O41
Z13
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.