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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP10321 |
DP10321 Which club should I attend, Dad?: Targeted socialization and production | |
Esther Hauk; Facundo Albornoz-Crespo | |
发表日期 | 2014-12-21 |
出版年 | 2014 |
语种 | 英语 |
摘要 | We study a model that integrates productive and socialization efforts with network choice and parental investments. We characterize the unique symmetric equilibrium of this game. We first show that individuals underinvest in productive and social effort, but that solving only the investment problem can exacerbate the misallocations due to network choice, to the point that it may generate an even lower social welfare if one of the networks is sufficiently disadvantaged. We also study the interaction of parental investment with network choice. We relate these equilibrium results with characteristics that we find in the data on economic co-authorship and field transmission between advisors and advisees. |
主题 | Public Economics |
关键词 | Peer effects Network formation Cultural identity Parental involvement Immigrant sorting |
URL | https://cepr.org/publications/dp10321 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539153 |
推荐引用方式 GB/T 7714 | Esther Hauk,Facundo Albornoz-Crespo. DP10321 Which club should I attend, Dad?: Targeted socialization and production. 2014. |
条目包含的文件 | 条目无相关文件。 |
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