Social Norms and Preferences

Andrew Postlewaite

PIER Working Paper Archive from Penn Institute for Economic Research, Department of Economics, University of Pennsylvania

Abstract: Social norms are often posited as an explanation of differences in economic behavior and performance of societies that are difficult to explain by differences in endowments and technology. Economists are often reluctant to incorporate social aspects into their analyses when doing so leads to models that depart from the “standard†model. I discuss ways that agents’ social environment can be accommodated in standard models and the advantages and disadvantages of doing so.

Keywords: Social norms; social preferences (search for similar items in EconPapers)
JEL-codes: D01 D03 (search for similar items in EconPapers)
Pages: 48 pages
Date: 2010-05-01
New Economics Papers: this item is included in nep-evo, nep-hpe and nep-soc
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Citations: View citations in EconPapers (18)

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Persistent link: https://EconPapers.repec.org/RePEc:pen:papers:10-019

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