Social aspects of informal economics

Formal and Informal Aspects of Requirements Tracing

On Some Aspects of Link Analysis and Informal Network in Social Network Platform

This paper presents a review on the two important aspects of Social Network, namely Link Analysis and Informal Network. Both of these characteristic plays a vital role in analysis of direction of information flow and reliability of the information passed or received. They can be easily visualized or can be studied using the concepts of graph theory. We have deliberately omitted discussing about...

Informal insurance in social networks

This paper studies bilateral insurance schemes across networks of individuals. While transfers are based on social norms, each individual must have the incentive to abide by those norms, and so we investigate the structure of self-enforcing insurance networks. Network links play two distinct and possibly conflictual roles. First, they act as conduits for transfers. Second, they act as conduits ...

Some Practical Aspects of Pluralism in Economics

Economics and Social Status

Social status is a social reward that affects the incentive structure facing individuals. If status is provided to educated people, more people will obtain an education. The choice of occupation is affected by the social status associated with different occupations, establishing a link between social status, the equilibrium wage structure and the allocation of workers among occupations. When st...