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deviation in their decisions. Thus, we find evidence for conformity. Further, we find that individual's consumption choice is …This paper investigates the impact of peer observation on the consumption decisions of rural households in Thailand …
Persistent link: https://www.econbiz.de/10011435024
deviation in their decisions. Thus, we find evidence for conformity. Further, we find that individual's consumption choice is …This paper investigates the impact of peer observation on the consumption decisions of rural households in Thailand …
Persistent link: https://www.econbiz.de/10011392209
deviation in their decisions. Thus, we find evidence for conformity. Further, we find that individual's consumption choice is …This paper investigates the impact of peer observation on the consumption decisions of rural households in Thailand …
Persistent link: https://www.econbiz.de/10011434386
evidence for conformity. Further, we find that individual's consumption choice is influenced by the group choice controlling …This paper investigates the impact of peer observation on consumption decisions of rural households in Thailand using a … unfamiliarity of the consumption good is counteracted by peer effects. We further show that the consumption choice is influenced by …
Persistent link: https://www.econbiz.de/10012041128
We investigate the impact of peer observation on consumption decisions using a lab-in-field experiment. Respondents … make consumption decisions either alone or under peer observation. We find evidence for peer effects. We are able to study … find evidence for an information channel. Further, we show that the consumption choice is influenced by how many people …
Persistent link: https://www.econbiz.de/10012142177
perceived consumption needs. We provide a novel method for obtaining identification in social interactions models like ours … inequality-neutral social welfare, by reducing peer consumption externalities. We show welfare gains of billions of dollars per …
Persistent link: https://www.econbiz.de/10014537014
perceived consumption needs. We provide a novel method for obtaining identification in social interactions models like ours … inequality‐neutral social welfare, by reducing peer consumption externalities. We show welfare gains of billions of dollars per …
Persistent link: https://www.econbiz.de/10013382077
Social preferences and social influence effects ("peer effects") are well documented, but little is known about how peers shape social preferences. Settings where social preferences matter are often situations where peer effects are likely too. In a gift-exchange experiment with independent...
Persistent link: https://www.econbiz.de/10010257221
Social preferences and social influence effects ("peer effects") are well documented, but little is known about how peers shape social preferences. Settings where social preferences matter are often situations where peer effects are likely too. In a gift-exchange experiment with independent...
Persistent link: https://www.econbiz.de/10010340306
A burgeoning literature in economics has started examining the role of social norms in explaining economic behavior. Surprisingly, the vast majority of this literature has studied social norms in asocial decision settings, where individuals are observed to act in isolation from each other. In...
Persistent link: https://www.econbiz.de/10011434301