Search Results - subject:"Social conformity"

Social conformity in games with many players

Wooders, Myrna Holtz; Cartwright, Edward; Selten, Reinhard - 2003

In the literature of psychology and economics it is frequently observed that individuals tend to imitate similar individuals. A fundamental question is whether the outcome of such imitation can be consistent with self-interested behaviour. We propose that this consistency requires the existence...

Persistent link: https://www.econbiz.de/10011593822

Social Conformity and Child Labor

Katav-Herz, Shirit - 2001

derive utility from social conformity, and “good” and “bad” equilibria can arise where the majority of children respectively … do and do not go to school. In a “bad” equilibrium, social conformity sustains child labor, and I consider policies to …

Persistent link: https://www.econbiz.de/10013204708

Social Conformity and Child Labor

Katav-Herz, Shirit - Department of Economics, Bar Ilan University - 2001

Persistent link: https://www.econbiz.de/10008553025