The old-boy network and the young-gun effect
Publication
, Journal Article
Taylor, CR
Published in: International Economic Review
January 1, 2000
A model of an exclusive group or class whose membership is governed by personal contact and interaction is studied. Members of this old-boy network attempt to shield themselves from transacting with opportunistic or incompetent individuals by dealing only infrequently with unproven nonmembers. This injures the unproven but qualified agents not in the network. Moreover, because recruitment of a new member creates a public good for network members, too little recruiting is performed in equilibrium.
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Published In
International Economic Review
DOI
ISSN
0020-6598
Publication Date
January 1, 2000
Volume
41
Issue
4
Start / End Page
871 / 891
Related Subject Headings
- Economics
- 14 Economics
Citation
APA
Chicago
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Taylor, C. R. (2000). The old-boy network and the young-gun effect. International Economic Review, 41(4), 871–891. https://doi.org/10.1111/1468-2354.00088
Taylor, C. R. “The old-boy network and the young-gun effect.” International Economic Review 41, no. 4 (January 1, 2000): 871–91. https://doi.org/10.1111/1468-2354.00088.
Taylor CR. The old-boy network and the young-gun effect. International Economic Review. 2000 Jan 1;41(4):871–91.
Taylor, C. R. “The old-boy network and the young-gun effect.” International Economic Review, vol. 41, no. 4, Jan. 2000, pp. 871–91. Scopus, doi:10.1111/1468-2354.00088.
Taylor CR. The old-boy network and the young-gun effect. International Economic Review. 2000 Jan 1;41(4):871–891.
Published In
International Economic Review
DOI
ISSN
0020-6598
Publication Date
January 1, 2000
Volume
41
Issue
4
Start / End Page
871 / 891
Related Subject Headings
- Economics
- 14 Economics