Quality of social networks and educational investment decisions

All individuals belong to a social network with certain quality level. This paper analyzes the role of the quality of the social network in the educational decision making process. I propose a measure for quality of network based on the schooling level and the labor position of the members of the ne...

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Autores:
Zuluaga Díaz, Blanca Cecilia
Tipo de recurso:
Article of investigation
Fecha de publicación:
2013
Institución:
Universidad ICESI
Repositorio:
Repositorio ICESI
Idioma:
eng
OAI Identifier:
oai:repository.icesi.edu.co:10906/78326
Acceso en línea:
http://www.scopus.com/inward/record.url?eid=2-s2.0-84874015088&partnerID=tZOtx3y1
http://hdl.handle.net/10906/78326
http://dx.doi.org/10.1016/j.socec.2013.01.007
Palabra clave:
Economía
Redes sociales
Nivel de escolaridad
Economics
Toma de decisiones - Aspectos sociales
Rights
openAccess
License
https://creativecommons.org/licenses/by-nc-nd/4.0/
Description
Summary:All individuals belong to a social network with certain quality level. This paper analyzes the role of the quality of the social network in the educational decision making process. I propose a measure for quality of network based on the schooling level and the labor position of the members of the net. The analysis compares individuals who are similar in at least two characteristics: socioeconomic level and intellectual ability. Although they belong to the same type of community (poor), they differ in the composition of their social network. The higher the quality of the network, the higher the probability of investing in education. Hence, socially disadvantaged and equally intelligent individuals may end up acquiring different schooling levels. © 2013 Elsevier Inc.