Social Capital Accounting

T. Nishikata, T. Hardjono and A. Pentland, Social Capital Accounting, October 2018.


To better understand and improve the quality of our lives, there has been a need for measuring non-economic capital such as social capital and natural capital in addition to economic capital. Quantifying non-economic capital, however, is not easy and has not been widespread. In this paper, we will propose a system where any individual can start measuring their social capital, turning them into a real-world asset that enables improving their economic well-being, while preserving individual privacy and security.

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