EconPapers has moved to http://EconPapers.repec.org! Please update your bookmarks.
Reference Group Behaviour and Economic Incentives: A Remark
Ekkehart Schlicht Munich Reprints in Economics from University of Munich, Department of Economics
People tend, in many ways, to behave like the others they see around them. This note´shows that such reference group behavior tends to reinforce incentives (economic or other) that influence individuals directly only marginally. The workings or such incentives is augmented what might be called a "social multiplier."
Keywords: reference group; incentives; conformity; social multiplier; aggregation (search for similar items in EconPapers)
JEL-codes: J3 (search for similar items in EconPapers)
References: Add references at CitEc Citations View citations in EconPapers (2) Track citations by RSS feed
Published in Journal of Institutional and Theoretical Economics (Zeitschrift für die gesamte Staatswissenschaft) 137 1(1981): pp. 125-127
Downloads: (external link) http://epub.ub.uni-muenchen.de/4183/1/reference_gr ... nomic_incentives.pdf (application/pdf)
Related works: This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:lmu:muenar:4183
Access Statistics for this paper
More papers in Munich Reprints in Economics from University of Munich, Department of Economics
Address: Ludwigstr. 28, 80539 Munich, Germany Contact information at EDIRC. Series data maintained by Robert Ulbricht ().