Chakraborty, TanikaMukherjee, AnirbanSaha, Sarani2020-07-072020-07-072015-05-26http://hdl.handle.net/10625/59148The study looks at the role of networks in credit provisioning. It examines how the interaction between the formal court system and informal loan networks affect a household’s decision to start a business. Effective contract enforcement is seen to be key to the process of economic development. Network membership, often characterized by caste or ethnicity in India, may work in both positive and negative ways. The paper models interactions between these two types of institutions and their effect on prospective business start-ups. Findings show that in capital poor populations, less efficient informal institutions are crucial for micro-entrepreneurs.application/pdfenCASTESOCCUPATIONAL MOBILITYSOCIAL CLASSESENTREPRENEURSHIPJUDICIAL SYSTEMINSTITUTIONAL CHANGECIVIL LAWMATHEMATICAL MODELSCONTRACTSACCESS TO JUSTICEINDIASOUTH ASIAJournal Article (peer-reviewed)