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The Traditional Economic View
Individuals are
isolated
Transactions are isolated
The Sociological View
Individuals & transactions are embedded in…
Groups

In-group / Out-group

  Reference group
Neighborhoods
Individuals are embedded in space
Networks



Connections that span space and social category
Homans’ Law
Social Control
The war of all against all?

Thomas Hobbes
    The “State of Nature” is conflict

Emile Durkheim
       Solidarity is our ...
a
                           m
                        em
                      il
                    D
               ’s...
Reciprocity Exchange
Bounded Solidarity
Value Introjection
Enforceable Trust
Acknowledgements
 Anonymous. “Prisoner’s Dilemma. Wikipedia. Accessed
   8/31/2007
 Anonymous. “Social Contract Theory.” I...
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Economic Behavior through a Social Lens

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presentation on social behavior for Computer Simulation group

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Economic Behavior through a Social Lens

  1. The Traditional Economic View
  2. Individuals are isolated
  3. Transactions are isolated
  4. The Sociological View Individuals & transactions are embedded in…
  5. Groups In-group / Out-group Reference group
  6. Neighborhoods Individuals are embedded in space
  7. Networks Connections that span space and social category
  8. Homans’ Law
  9. Social Control
  10. The war of all against all? Thomas Hobbes The “State of Nature” is conflict Emile Durkheim Solidarity is our natural state
  11. a m em il D ’s er on is r P e h ss? T nfe co ou dy ul o W
  12. Reciprocity Exchange
  13. Bounded Solidarity
  14. Value Introjection
  15. Enforceable Trust
  16. Acknowledgements Anonymous. “Prisoner’s Dilemma. Wikipedia. Accessed 8/31/2007 Anonymous. “Social Contract Theory.” Internet Encyclopedia of Philosophy. Accessed 8/31/2007. Homans, George. 1958. quot;Social Behavior as Exchange.quot; American Journal of Sociology. 63: 597-606. Portes Alejandro & Julia Sensenbrenner. 1993. Embeddedness & Immigration. American Journal of Sociology. 98(6): 1320-50. Yu Zhang, Christine Drennon, Mark Lewis, Luis Schettino, Dante Suarez Associated Colleges of the South Associated Colleges of the South

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