Benabou, Roland; Tirole, Jean - Institute for the Study of Labor (IZA) - 2012
"), material or other explicit incentives ("laws") and social sanctions or rewards ("norms"). It first examines how honor, stigma … and social norms arise from individuals' behaviors and inferences, and how they interact with material incentives. It then … and Ramsey taxation. Incorporating agents' imperfect knowledge of the distribution of preferences opens up to analysis …