Social Network Structure and the Trade-off between Social Utility and Economic Performance

• Autorzy: Katarzyna Growiec , Jakub Growiec , Bogumił Kamiński
• Języki publikacji: EN

Abstrakty

EN

Based on a novel computational multi-agent model, we identify the key mechanisms allowing the social network structure, summarized by four key social capital dimensions (network degree, centrality, bridging and bonding social capital), to affect individuals' social trust, willingness to cooperate, social utility and economic performance. We then trace how the individual-level outcomes aggregate up to the society level. Model setup draws from socio-economic theory and empirical findings based on our novel survey dataset. Results include aggregate-level comparative statics and individual-level correlations. We find, inter alia, that societies that either are better connected, exhibit a lower frequency of local cliques, or have a smaller share of family-based cliques, record relatively better economic performance. As long as family ties are sufficiently valuable, there is a trade-off between aggregate social utility and economic performance, and small world networks are then socially optimal. (original abstract)

Słowa kluczowe

EN

Social structure; Social trust; Cooperation; Market behaviour; Economic performance; Analytical and computational methods; Comparative statics

PL

Struktura społeczna; Zaufanie społeczne; Współpraca; Zachowania rynkowe; Wyniki gospodarcze; Metody analityczno-obliczeniowe; Statyka porównawcza

• Czasopismo: Collegium of Economic Analysis SGH - Working Papers
• Rocznik: 2017
• Numer: nr 26
• Strony: 48

Twórcy

autor

Katarzyna Growiec

• University of Social Sciences and Humanities, Warsaw, Poland

autor

Jakub Growiec

• Warsaw School of Economics, Poland; National Bank of Poland

autor

Bogumił Kamiński

• Warsaw School of Economics, Poland

Bibliografia

• Alesina A., P. Giuliano, (2010): The Power of Family, "Journal of Economic Growth", 15, 93-125.
• Algan Y., P. Cahuc, (2010): Inherited Trust and Growth, "American Economic Review", 100, 2060-2092.
• Beugelsdijk S., S. Smulders, (2003): Bonding and Bridging Social Capital: Which Type is Good for Economic Growth? in: The Cultural Diversity of European Unity, eds.: W. Arts, L. Halman, J. Hagenaars, pp. 147-184, Brill (Leiden).
• Bonacich P., (1972): Technique for Analyzing Overlapping Memberships, "Sociological Methodology", 4, 176-185.
• Bourdieu P., (1986): The Forms of Capital, in: Handbook of Theory and Research of Sociology of Education, eds.: J.C. Richardson, pp. 117-142. Greenwood Press.
• Bowlby J., (1969): Attachment, The Hogarth Press and The Institute of Psychoanalysis.
• Bratley P., B. Fox, (1988): Algorithm 659: Implementing Sobol's Quasirandom Sequence Generator, "ACM Transactions on Mathematical Software", 13, 88-100.
• Burt R.S., (1992): Structural Holes. The Social Structure and Competition, Harvard University Press.
• Burt R.S., (2005): Brokerage and Closure. An Introduction to Social Capital, Oxford University Press.
• Burt R.S., (2010): Neighbor Networks: Competitive Advantage Local and Personal, Oxford University Press.
• Christakis N.A., J.H. Fowler, (2009): Connected: The Surprising Power of Our Social Networks and How They Shape Our Lives, New York, Boston, London: Little, Brown & Co.
• Curry O., R. Dunbar, (2013): Altruism in Social Networks: Evidence for 'Kinship Premium', "British Journal of Psychology", 104(2), 283-295.
• Curry O., R. Dunbar, (2013): Do Birds of a Feather Flock Together? "Human Nature", 24(3), 336-347.
• Dasgupta P., (1988): Trust as a Commodity, in: Trust. Making and Breaking Cooperative Relations, ed.: D. Gambetta, pp. 49-72. New York: Basil Blackwell.
• Dunbar, R.I.M., (1992): Neocortex Size as a Constraint on Group Size in Primates, "Journal of Human Evolution", 22, 469-493.
• Dunbar, R.I.M., (1993): Coevolution of Neocortex Size, Group Size, and Language in Humans, "Behavioral and Brain Sciences", 16, 681-735.
• Durlauf S.N., M. Fafchamps, (2005): Social Capital, in: Handbook of Economic Growth, eds.: P. Aghion, S.N. Durlauf, Elsevier.
• Field J. (2010): Social Capital, Routledge, London and New York.
• Florida R., (2004): The Rise of the Creative Class, New York: Basic Books.
• Franzen A., D. Hangartner, (2006): Social Networks and Labour Market Outcomes: the Non-Monetary Benefits of Social Capital, "European Sociological Review", 22, 353-368.
• Granovetter M.S. (1973): The Strength of Weak Ties, "American Journal of Sociology", 78, 1360-1380.
• Granovetter M.S. (2005): The Impact of Social Structure on Economic Outcomes, "Journal of Economic Perspectives", 19, 33-50.
• Greenberg J., (1991): Oedipus and Beyond: A Clinical Theory, Harvard University Press.
• Growiec J., K. Growiec, (2010): Social Capital, Well-Being, and Earnings: Theory and Evidence from Poland, "European Societies", 12, 231-255.
• Growiec K., (2015): Ile szczęścia dają˛ nam inni ludzie? Więzi społeczne a dobrostan psychiczny, Warszawa: PWN.
• Growiec K., J. Growiec, (2014): Trusting Only Whom You Know, Knowing Only Whom You Trust: The Joint Impact of Social Capital and Trust on Individuals' Economic Performance and Happiness in CEE Countries, "Journal of Happiness Studies", 15, 1015-1040.
• Growiec K., J. Growiec, B. Kaminski (2017): Mapping the Dimensions of Social Capital, SGH-Warsaw School of Economics, CEA/KAE Working Paper 2017_025.
• Halpern D. (2005): Social Capital, Polity Press.
• Hong H.S., F.J. Hickernell, (2003): Algorithm 823: Implementing Scrambled Digital Sequences, "ACM Transactions on Mathematical Software", 29(2), 95-109.
• Inglehart R., W. Baker, (2000): Modernization, Cultural Change and the Persistence of Traditional Values, "American Sociological Review", pp. 19-51.
• Kadushin C., (2002): The Motivational Foundation of Social Networks, "Social Networks", 24, 77-91.
• Kadushin C., (2012): Understanding Social Networks: Theories, Concepts, and Findings, Oxford University Press.
• Kim H.H., (2009): Networks, Information Transfer, and Status Conferral: The Role of Social Capital in Income Stratification among Lawyers, "The Sociological Quarterly", 50, 61-87.
• Klapwijk A., P.A.M. Van Lange, (2009): Promoting Cooperation and Trust in 'Noisy' Situations: The Power of Generosity, "Journal of Personality and Social Psychology", 96, 83-103.
• Kleijnen, J., R. Sargent, (2000): "A methodology for fitting and validating metamodels in simulation, "European Journal of Operational Research", 120, 14-29.
• Knack S., P. Keefer, (1997): Does Social Capital Have an Economic Payoff? A Cross-Country Investigation, "Quarterly Journal of Economics", 112, 1251-1288.
• Kroll C., (2011): Different Things Make Different People Happy: Examining Social Capital and Subjective Well-Being by Gender and Parental Status, "Social Indicators Research", 104, 157-177.
• Law A., W. Kelton, (1991): Simulation Modeling and Analysis, McGraw-Hill.
• Lazarsfeld P.F., R.K. Merton, (1954): Friendship as Social Process: A Substantive and Methodological Analysis, in: The Varied Sociology of Paul F. Lazarsfeld, red.: P.L. Kendall, New York: Columbia University Press.
• Leonard M., (2008): Social and Subcultural Capital Among Teenagers in Northern Ireland, "Youth and Society", 40, 224-244.
• Leung A., C. Kier, T. Fung, L. Fung, R. Sproule, (2011): Searching for Happiness: The Importance of Social Capital, "Journal of Happiness Studies", 12, 443-462.
• Li, Y., A. Pickles, M. Savage, (2005): Social Capital and Social Trust in Britain, "European Sociological Review", 21, 109-123.
• Lin N., (2001): Social Capital, Cambridge University Press.
• Luhmann N., (1979): Trust and Power, Chichester: Wiley.
• Misztal B., (1996): Trust in Modern Societies. The Search for the Bases of Social Order, Cambridge: Polity Press.
• Mouw T., (2003): Social Capital and Finding a Job: Do Contacts Matter? "American Sociological Review", 68, 868-898.
• Peng R., (2011): Reproducible Research in Computational Science, "Science", 344(6060), 1226-1227.
• Podolny J.M., J.N. Baron, (1997): Resources and Relationships: Social Networks and Mobility in the Workplace, "American Sociological Review", 62, 673-693.
• Putnam R., (2000): Bowling Alone. Collapse and Revival of American Community, New York: Simon & Schuster.
• Putnam R., R. Leonardi, R. Nanetti, (1993): Making Democracy Work: Civic Traditions in Modern Italy, Princeton University Press.
• Roberts S., R. Dunbar, (2011): The Costs of Family and Friends: an 18-month Longitudinal Study of Relationship Maintenance and Decay, "Evolution and Human Behavior", 32(3), 186-197.
• Rothstein B., (2011): The Quality of Government. Corruption, Social Trust, and Inequality in International Perspective, The University of Chicago Press.
• Sabatini F., (2009): Social Capital as Social Networks: A New Framework for Measurement and an Empirical Analysis of its Determinants and Consequences, "Journal of Socio-Economics", 38, 429-442.
• Słomczyński K., I. Tomescu-Dubrow, (2005): Friendship Patterns and Upward Mobility: A Test of Social Capital Hypothesis, "Polish Sociological Review", 151, 221-235.
• Stiller J., R.I.M. Dunbar, (2007): Perspective-Taking and Memory Capacity Predict Social Network Size, "Social Networks", 29, 93-104.
• Tian F.F., N. Lin, (2016): Weak Ties, Strong Ties, and Job Mobility in Urban China: 1978-2008, "Social Networks", 44, 117-129.
• Watts D., S. Strogatz, (1998): Collective Dynamics of 'Small-World' Networks, "Nature", 393, 440-442.
• Winkelmann R., (2009): Unemployment, Social Capital, and Subjective Well-Being, "Journal of Happiness Studies", 10, 421-430.
• Woolcock M., (1998): Social Capital and Economic Development: Towards a Theoretical Synthesis and Policy Framework, "Theory and Society", 27-28, 151-208.
• Zak P., S. Knack, (2001): Trust and Growth, "Economic Journal", 111, 295-321.
• Zhang S., S.G. Anderson, M. Zhan, (2011): The Differentiated Impact of Bridging and Bonding Social Capital on Economic Well-Being: An Individual Level Perspective, "Journal of Sociology and Social Welfare", 38, 119-142.