Social capital and the status externality

DOI10.1111/ijet.12261zbMath1530.91178OpenAlexW2778669984MaRDI QIDQ6074896

Christopher Tsoukis, Jun-Ichi Itaya

Publication date: 19 October 2023

Published in: International Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: http://eprints.keele.ac.uk/4715/1/social%20capital%20dp%20version.pdf

zbMATH Keywords

differential gamepoverty trapMarkov perfect equilibriumsocial capitalstatus externality

Mathematics Subject Classification ID

Differential games (aspects of game theory) (91A23) Welfare economics (91B15)

Cites Work

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• Nonlinear strategies in dynamic duopolistic competition with sticky prices
• Non-linear strategies in a linear quadratic differential game
• Do multiple Nash equilibria in Markov strategies mitigate the tragedy of the commons?
• Habit formation, catching up with the Joneses, and economic growth

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