Buzz
Subtitle: face-to-face contact and the urban economy
By: Michael Storper, Anthony J. Venables.
Contributors: Venables, Anthony.; London School of Economics and Political Science. Centre for Economic Performance.
Series: Discussion paper ;; no. 598; Discussion paper (London School of Economics and Political Science. Centre for Economic Performance : Online) ;; no. 598.
Publisher: Centre for Economic Performance, London School of Economics and Political Science
Published: 2003
Place of publication: [London]
Language: eng
Format: Electronic resource
Subjects: Interpersonal communication -- Econometric models.; Interpersonal relations -- Econometric models.; Urban economics.
Description: "This paper argues that existing models of urban concentrations are incomplete unless grounded in the most fundamental aspect of proximity; face-to-face contact. Face-to-face contact has four main features; it is an efficient communication technology; it can help solve incentive problems; it can facilitate socialization and learning; and it provides psychological motivation. We discuss each of these features in turn, and develop formal economic models of two of them. Face-to-face is particularly important in environments where information is imperfect, rapidly changing, and not easily codified, key features of many creative activities"--London School of Economics web site.
Notes: Includes bibliographical references.
Title from summary page as viewed on 1/7/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.