Social Fractionalization Endogenous Appropriation Norms And Economic Development
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Social Fractionalization, Endogenous Appropriation Norms, and Economic Development
Author | : Ines Lindner |
Publisher | : |
Total Pages | : 0 |
Release | : 2008 |
Genre | : |
ISBN | : |
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We investigate how social composition affects competitive and cooperative behavior in a linear growth model without secure property rights. If a society is homogeneous or highly fractionalized, it is in the self-interest of people to cooperate. The first-best allocation is enforced through trigger strategies, and growth is independent from social structure. If a society is polarized, i.e. if it consists of a small number of groups, the first-best solution can turn out to be unenforceable and groups will follow an exploitative strategy. In this case, the rate of growth is monotonously decreasing in the degree of fractionalization.
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