Titel: Social Support among Heterogeneous Partners
Autor: Sonja Vogt / Jeroen Weesie
Abstract: This paper derives hypotheses on how dyadic social support is affected by heterogeneity of the actors. We distinguish heterogeneity with respect to three parameters. First, the likelihood of needing support; second, the benefits from support relative to the costs for providing support; and, third, time preferences. The hypotheses are based on a game theoretic analysis of an iterated Support Game. We predict that, given homogeneity in two of these parameters, the prospect for mutual support is optimal if actors are homogeneous with respect to the third parameter as well. Second, under heterogeneity with respect to two of the parameters, support is most likely if there is a specific heterogeneous distribution with respect to the other parameter that "compensates" for the original heterogeneity. Third, under weak conditions, the overall optimal condition for mutual support is full homogeneity of the actors.
Philosophical and Methodologial Issues in Economics
2004 (26) Heft 2
Guest-Editors: Mark S. Peacock / Michael Schefczyk
The 'dismal science of economics', as it was once called, has a mixed reputation. Some praise its clarity and elegance whilst others bewail its futility; others laud the precision of its mathematical form whereas others still descry the source of its irrelevance and unrealism in just this form. Many feel that precision and mathematisation are bought at a price too high, namely unrealistic assumptions, empty models with little or no explanatory power, unreliable predictions and a general state of...