Accumulate social capital by participating

Assignment Help Microeconomics

Reference no: EM133630239

Question: An individual can accumulate social capital by participating in organizations or investing in social networks or both (Katungi et al., 2007). Organizations are finite closed groupings of people with a common interest, whereas social networks are more complex situations in which individual agents are linked to other agents through bilateral relationships. At the household level, the decision to participate in the producer group or market is based on maximization of expected utility (Mukundi et al., 2013). Farmers will participate if Ui>Uk, where Ui and Uk represents a farmer's utility with participation and without participation respectively paraphrase

Reference no: EM133630239

Questions Cloud

Identify three attributes of the law enforcement officer : Identify three attributes of the law enforcement officer in question that make them a model of ethical behavior or a positive role model.

How to best meet needs of population you chose : Elaborate on risk factors in population related to criminal justice system. Provide advice to case managers on how to best meet needs of population you chose.

How does withdrawal benefit america : Why do you think he did this? How does withdrawal benefit America? What are the opportunity costs of not pursuing the TTIP? Is Trump's decision good for America

What impact could this misunderstanding of research have : Why do you think it is important to be able to critically evaluate research conducted in your line of work? What impact this misunderstanding of research have?

Accumulate social capital by participating : Accumulate social capital by participating in organizations or investing in social networks or both (Katungi et al., 2007). Organizations are finite closed

Do you agree with marwans analysis : Do you agree with Marwans analysis and the projected profit of $110K? If not, why not? (Explain why you consider or do not consider Marwan's analysis

What possible responses might you develop for dealing : What possible responses might you develop for dealing with the problem? What assessment strategies would you devise for measuring whether or not your responses?

Nominate and find the best person that would be able : nominate and find the best person that would be able to run the country; it also gave voters a chance to have a voice in the government official decisions

Compare and contrast the impact of globalization : Compare and contrast the impact of globalization in the US and China economy and environment. Name and describe one international policy that helps

User Account

All Pages