Scipediacontent: Scipediacontent moved page Draft Content 207586866 to Jackson Schneider 2011a

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Scipediacontent moved page Draft Content 207586866 to Jackson Schneider 2011a

Scipediacontent: Created page with " == Abstract == This study investigates the role of social networks in aligning the incentives of economic agents in settings with incomplete contracts. We study the New York..."

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== Abstract ==

This study investigates the role of social networks in aligning the incentives of economic agents in settings with incomplete contracts. We study the New York City taxi industry where taxis are often leased and lessee-drivers have worse driving outcomes than owner-drivers as a result of a moral hazard associated with incomplete leasing contracts. Using instrumental variables and fixed-effects analyses, we find that: (1) drivers leasing from members of their country-of-birth community exhibit significantly reduced effects of moral hazard; (2) network effects appear to operate primarily via social sanctions; and (3) network benefits can help to explain the organization of the industry in terms of which drivers and owners form business relationships.

== Original document ==

The different versions of the original document can be found in:

* [http://dx.doi.org/10.1257/app.3.3.244 http://dx.doi.org/10.1257/app.3.3.244]

* [http://dx.doi.org/10.3386/w16279 http://dx.doi.org/10.3386/w16279]

* [http://www.aeaweb.org/aej/app/app/2010-0200_app.pdf http://www.aeaweb.org/aej/app/app/2010-0200_app.pdf]

* [http://www.nber.org/papers/w16279.pdf http://www.nber.org/papers/w16279.pdf]

* [https://doi.org/10.3386/w16279 https://doi.org/10.3386/w16279]

* [http://www.aeaweb.org/articles.php?doi=10.1257/app.3.3.244 http://www.aeaweb.org/articles.php?doi=10.1257/app.3.3.244],
: [http://www.aeaweb.org/aej/app/data/2010-0200_data.zip http://www.aeaweb.org/aej/app/data/2010-0200_data.zip],
: [http://www.aeaweb.org/aej/app/app/2010-0200_app.pdf http://www.aeaweb.org/aej/app/app/2010-0200_app.pdf]

* [https://pubs.aeaweb.org/doi/pdf/10.1257/app.3.3.244 https://pubs.aeaweb.org/doi/pdf/10.1257/app.3.3.244],
: [http://dx.doi.org/10.1257/app.3.3.244 http://dx.doi.org/10.1257/app.3.3.244]

* [https://pubs.aeaweb.org/doi/pdfplus/10.1257/app.3.3.244 https://pubs.aeaweb.org/doi/pdfplus/10.1257/app.3.3.244],
: [https://www.aeaweb.org/articles?id=10.1257/app.3.3.244 https://www.aeaweb.org/articles?id=10.1257/app.3.3.244],
: [https://www.nber.org/papers/w16279 https://www.nber.org/papers/w16279],
: [https://www.nber.org/papers/w16279.pdf https://www.nber.org/papers/w16279.pdf],
: [https://works.bepress.com/c_kirabo_jackson/20/download https://works.bepress.com/c_kirabo_jackson/20/download],
: [https://papers.ssrn.com/abstract=1662273 https://papers.ssrn.com/abstract=1662273],
: [https://works.bepress.com/c_kirabo_jackson/20 https://works.bepress.com/c_kirabo_jackson/20],
: [https://ideas.repec.org/a/aea/aejapp/v3y2011i3p244-67.html https://ideas.repec.org/a/aea/aejapp/v3y2011i3p244-67.html],
: [https://pubs.aeaweb.org/doi/10.1257/app.3.3.244 https://pubs.aeaweb.org/doi/10.1257/app.3.3.244],
: [https://www.scholars.northwestern.edu/en/publications/do-social-connections-reduce-moral-hazard-evidence-from-the-new-y https://www.scholars.northwestern.edu/en/publications/do-social-connections-reduce-moral-hazard-evidence-from-the-new-y],
: [https://econpapers.repec.org/RePEc:nbr:nberwo:16279 https://econpapers.repec.org/RePEc:nbr:nberwo:16279],
: [https://papers.ssrn.com/sol3/Delivery.cfm/nber_w16279.pdf?abstractid=1662273&mirid=3 https://papers.ssrn.com/sol3/Delivery.cfm/nber_w16279.pdf?abstractid=1662273&mirid=3],
: [http://m.nber.org/papers/w16279 http://m.nber.org/papers/w16279],
: [https://econpapers.repec.org/article/aeaaejapp/v_3a3_3ay_3a2011_3ai_3a3_3ap_3a244-67.htm https://econpapers.repec.org/article/aeaaejapp/v_3a3_3ay_3a2011_3ai_3a3_3ap_3a244-67.htm],
: [https://academic.microsoft.com/#/detail/2034389341 https://academic.microsoft.com/#/detail/2034389341]

DOIS: 10.1257/app.3.3.244 10.3386/w16279

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Jackson Schneider 2011a - Revision history

Scipediacontent: Scipediacontent moved page Draft Content 207586866 to Jackson Schneider 2011a

Scipediacontent: Created page with " == Abstract == This study investigates the role of social networks in aligning the incentives of economic agents in settings with incomplete contracts. We study the New York..."