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Social Economics

Social Economics is an interdisciplinary field of study that focuses on the roles of social values, moral judgment, mutual relationships, trust and other informal institutions in economic life and behaviour. Social Economics addresses a large variety of research questions such as: how can social norms and values affect economic behaviour? What is the impact of social trust on economic outcomes? What is the role of social relationships in the labour market? What is the impact of social values on poverty, inequality and health?

The contexts of analysis include different levels (individual, local/regional, country and cross-country) and different geopolitical spheres (high-income as well as developing contexts).

The studies of social economics employed a large and diversified portfolio of methodologies and techniques such as quantitative and qualitative research methods, theoretical and social network analysis, meta-analysis, laboratory and experimental analysis.

The key themes of investigations include (but not limited to)

  • Social Norms and Values
  • Associational Activities
  • Trust
  • Social Capital
  • Corruption
  • Tax Morale
  • Social Network
  • Public Spirit

Social Economics has strong connections with Sociology, Institutional Economics, Development Studies, Business Ethics, Political Economy Studies, Gender Studies, Urban/Regional Studies, Environmental Economics, Business Studies and Psychology.

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London Centre for Corporate Governance and Ethics

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