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This paper proposes a simple framework to model social preferences in a game theoretic framework which explicitly separates economic incentives from social (context) effects. It is argued that such a perspective makes it easier to analyse contextual effects. Moreover, the framework is used to...
Persistent link: https://www.econbiz.de/10010429811
This note offers two comments on the article "Social Influences towards Conformism in Economic Experiments" by Hargreaves Heap that is to appear in the Economics e-Journal. One relates to the concept of conformism, the other lines out some phenomena where an explicit recognition of group...
Persistent link: https://www.econbiz.de/10010464701
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We model visibility bias in the social transmission of consumption behavior. When consumption is more salient than non-consumption, people perceive that others are consuming heavily, and infer that future prospects are favorable. This increases aggregate consumption in a positive feedback loop....
Persistent link: https://www.econbiz.de/10011547572
An explanation for motivation crowding-out phenomena is developed in a social preferences framework. Besides selfish and fair or altruistic types a third type of agents is introduced: These quot;conformistsquot; have social preferences if they believe that sufficiently many of the others do too....
Persistent link: https://www.econbiz.de/10012778314
We model visibility bias in the social transmission of consumption behavior. When consumption is more salient than non-consumption, people perceive that others are consuming heavily, and infer that future prospects are favorable. This increases aggregate consumption in a positive feedback loop....
Persistent link: https://www.econbiz.de/10012892560
We model visibility bias in the social transmission of consumption behavior. When consumption is more salient than non-consumption, people perceive that others are consuming heavily, and infer that future prospects are favorable. This increases aggregate consumption in a positive feedback loop....
Persistent link: https://www.econbiz.de/10012479520
Persistent link: https://www.econbiz.de/10011988929
Persistent link: https://www.econbiz.de/10012016789
Do people conform to social norms at least partly to signal their social preferences? Using a vignette experiment, we find that parents who do not marry off their under-age daughters in Malawian villages where child marriage is prevalent are perceived as less altruistic, reciprocal, and...
Persistent link: https://www.econbiz.de/10012240066