Buzz: Face-to-Face Contact and the Urban Economy.
This paper argues that existing models of urban concentrations are incomplete unless grounded in the mostfundamental aspect of proximity; face-to-face contact. Face-to-face contact has four main features; it is anefficient communication technology; it can help solve incentive problems; it can facili...
| Glavni autori: | , |
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| Format: | Working paper |
| Jezik: | English |
| Izdano: |
Centre for Economic Performance, LSE
2003
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| _version_ | 1826292042738696192 |
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| author | Storper, M Venables, A |
| author_facet | Storper, M Venables, A |
| author_sort | Storper, M |
| collection | OXFORD |
| description | This paper argues that existing models of urban concentrations are incomplete unless grounded in the mostfundamental aspect of proximity; face-to-face contact. Face-to-face contact has four main features; it is anefficient communication technology; it can help solve incentive problems; it can facilitate socialization andlearning; and it provides psychological motivation. We discuss each of these features in turn, and developformal economic models of two of them. Face-to-face is particularly important in environments whereinformation is imperfect, rapidly changing, and not easily codified, key features of many creative activities. |
| first_indexed | 2024-03-07T03:08:36Z |
| format | Working paper |
| id | oxford-uuid:b369d632-d75b-45e8-9878-fdbc5fb89a08 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T03:08:36Z |
| publishDate | 2003 |
| publisher | Centre for Economic Performance, LSE |
| record_format | dspace |
| spelling | oxford-uuid:b369d632-d75b-45e8-9878-fdbc5fb89a082022-03-27T04:18:49ZBuzz: Face-to-Face Contact and the Urban Economy.Working paperhttp://purl.org/coar/resource_type/c_8042uuid:b369d632-d75b-45e8-9878-fdbc5fb89a08EnglishDepartment of Economics - ePrintsCentre for Economic Performance, LSE2003Storper, MVenables, AThis paper argues that existing models of urban concentrations are incomplete unless grounded in the mostfundamental aspect of proximity; face-to-face contact. Face-to-face contact has four main features; it is anefficient communication technology; it can help solve incentive problems; it can facilitate socialization andlearning; and it provides psychological motivation. We discuss each of these features in turn, and developformal economic models of two of them. Face-to-face is particularly important in environments whereinformation is imperfect, rapidly changing, and not easily codified, key features of many creative activities. |
| spellingShingle | Storper, M Venables, A Buzz: Face-to-Face Contact and the Urban Economy. |
| title | Buzz: Face-to-Face Contact and the Urban Economy. |
| title_full | Buzz: Face-to-Face Contact and the Urban Economy. |
| title_fullStr | Buzz: Face-to-Face Contact and the Urban Economy. |
| title_full_unstemmed | Buzz: Face-to-Face Contact and the Urban Economy. |
| title_short | Buzz: Face-to-Face Contact and the Urban Economy. |
| title_sort | buzz face to face contact and the urban economy |
| work_keys_str_mv | AT storperm buzzfacetofacecontactandtheurbaneconomy AT venablesa buzzfacetofacecontactandtheurbaneconomy |