Social Culture and Economic Performance
解释为何从事看似无关的活动能获得高薪工作，即社会文化的作用。在采用新技术的背景下，企业根据文化活动优待工人可部分克服信息搭便车问题，从而影响经济绩效。
The connection between obtaining higher paying jobs and undertaking some seemingly irrelevant activity is interpreted as “social culture.” In the context of a society trying to adopt a new technology, I show that by allowing the firms to give preferential treatment to workers based on some “cultural activity,” the society can partially overcome an informational free-riding problem. Therefore, social culture may affect the economic performance by altering the effective production technology of the economy.