Now showing items 1-1 of 1

    • Social Investments, Informal Risk Sharing, and Inequality 

      Ambrus, Attila; Chandrasekhar, A; Elliott, M (Economic Research Initiatives at Duke (ERID), 2015-03-16)
      This paper studies the formation of risk-sharing networks through costly social investments. First, individuals invest in relationships to form a network. Next, neighboring agents negotiate risk-sharing arrangements, in ...