The current study aims to investigate how the presence of social norms defines belief formation on future changes in social identity (i.e., diachronic identity), and how those beliefs affect individual decisions under uncertainty. The paper proposes a theoretical model in which individuals have...

Consumption theory has always been a neglected field in Post Keynesian economics, whereas it is at the center of New Keynesian economics. This paper investigates similarities and differences between the two approaches. I will show that the newer mainstream models indeed give results that are...

Terrorist attacks can have profound consequences for the erosion of social norms, yet the causes of this erosion are not well understood. We argue that these attacks create substantial uncertainty about whether norms of civic conversation still hold. Observing breaches of these norms then leads...