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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w20259 |
来源ID | Working Paper 20259 |
Social Networks as Contract Enforcement: Evidence from a Lab Experiment in the Field | |
Arun G. Chandrasekhar; Cynthia Kinnan; Horacio Larreguy | |
发表日期 | 2014-06-26 |
出版年 | 2014 |
语种 | 英语 |
摘要 | Absence of well-functioning formal institutions leads to reliance on social networks to enforce informal contracts. Social ties may aid cooperation, but agents vary in network centrality, and this hierarchy may hinder cooperation. To assess the extent to which networks substitute for enforcement, we conducted high-stakes games across 34 Indian villages. We randomized subjects' partners and whether contracts were enforced to estimate how partners' relative network position differentially matters across contracting environments. Socially close pairs cooperate even without enforcement; distant pairs do not. Pairs with unequal importance behave less cooperatively without enforcement. Thus capacity for cooperation depends on the underlying network. |
主题 | Microeconomics ; Behavioral Economics ; Households and Firms ; Development and Growth ; Development ; Other ; Culture |
URL | https://www.nber.org/papers/w20259 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577932 |
推荐引用方式 GB/T 7714 | Arun G. Chandrasekhar,Cynthia Kinnan,Horacio Larreguy. Social Networks as Contract Enforcement: Evidence from a Lab Experiment in the Field. 2014. |
条目包含的文件 | 条目无相关文件。 |
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