The main contribution of this paper is twofold. First of all, it focuses on the decisional process that leads to the creation of a social norm. Secondly, it analyses the mechanisms through which subjects conform their behaviour to the norm. In particular, our aim is to study the role and the...

In the last few years, self-interest and opportunism have become the target for criticism from behavioural economics theorists who urge the introduction of a more complex - and hopefully a more realistic - view of economic agents' motivations. A number of models of choice have devised based on...

Sacconi and Grimalda (2002, 2005a, 2005b) introduced a model in which two basic motives to action are understood as different type of preferences and represented by a comprehensive utility function: the first is consequentialist motivation, whereas the second is a conditional willingness to...

The Social Responsibility of Business typically involves self-regulation, which entails spontaneous compliance with social norms or standards that are not imposed by hard law. In the debate on Corporate Social Responsibility, its voluntary basis has been stressed both in some official documents...

This paper focuses on the role that social norms play in the selection of equilibrium points seen as social conventions under unforeseen contingencies - that is, their role in the emergence of regularities of behavior which are self-enforcing and effectively adhered to by bounded rational agents...

This book focuses on the concepts of social capital, corporate social responsibility, and economic development in relation to economic theory of institutions and behavioural economics. It also takes a macroeconomic and empirical approach, on the relationship between social capital, ethical...