SOCIAL ASSETS*
构建了一个包含社会与经济成分的模型,分析两者互动,引入“社会资产”概念,指出某些属性因社会制度而有价值,并说明生产性属性(如教育)的价值可被社会制度提升。
We present a model incorporating both social and economic components and analyze their interaction. The notion of a social asset , an attribute that has value only because of the social institutions governing society, is introduced. In the basic model, agents match on the basis of income and unproductive attributes. An attribute has value in some equilibrium social institutions (matching patterns), but not in others. We then show that productive attributes (such as education) can have their value increased above their inherent productive value by some social institutions, leading to the notion of the social value of an asset .