Antoci, A., Sacco, P. L., Vanin, P. (2007). Social capital accumulation and the evolution of social participation. The Journal of Socio-Economics 36, 128–143
We study the co-evolution of social participation and social capital accumulation, taking the view that the former contributes to the latter, and both contribute to socially enjoyed leisure. We show that a process of substitution of private for social activities (observable in some advanced, affluent economies), might be self-reinforcing and lead to a Pareto-dominated steady state.We find some scope for policy intervention, but we also acknowledge its difficulty.