Social capital: One or many? Definition and measurement

Authors
Citation
M. Paldam, Social capital: One or many? Definition and measurement, J ECON SURV, 14(5), 2000, pp. 629-653
Citations number
36
Categorie Soggetti
Economics
Journal title
JOURNAL OF ECONOMIC SURVEYS
ISSN journal
09500804 → ACNP
Volume
14
Issue
5
Year of publication
2000
Pages
629 - 653
Database
ISI
SICI code
0950-0804(200012)14:5<629:SCOOMD>2.0.ZU;2-H
Abstract
Three families of social capital concepts are discussed: (fa1) trust, (fa2) ease of cooperation, and (fa3) network. In the language of game theory, so cial capital is the excess propensity to play cooperative solutions in pris oners' dilemma games. The three families lead to different definitions, and thus to different measurement methods. Some measures are theory-near, whil e others are easy-to-use proxies. It is shown that all definitions and meas ures are related. The 'social capital dream' is that all definitions try to catch aspects of the same phenomenon, so that all measures tap the same la tent variable. It is discussed whether this dream is likely to come true.