Accumulate social capital by participating

Reference no: EM133630239

Question: An individual can accumulate social capital by participating in organizations or investing in social networks or both (Katungi et al., 2007). Organizations are finite closed groupings of people with a common interest, whereas social networks are more complex situations in which individual agents are linked to other agents through bilateral relationships. At the household level, the decision to participate in the producer group or market is based on maximization of expected utility (Mukundi et al., 2013). Farmers will participate if Ui>Uk, where Ui and Uk represents a farmer's utility with participation and without participation respectively paraphrase

Reference no: EM133630239

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