Abstract:
We consider a model of conformity that permits a non-conformist equilibrium and multiple conformist equilibria. Agents are assumed to behave according to a best reply learning dynamic. We details the conditions under which a social norm and conformity emerge. The emergence of conformity depends on the distribution of intrinsic preferences, the relative costs and benefits of conformity and the topology of agent interaction.
Keywords:Social norms; conformity; best reply (search for similar items in EconPapers) JEL-codes:C7D11 (search for similar items in EconPapers) New Economics Papers: this item is included in nep-evo, nep-gth and nep-soc Date: 2007-01
More papers in Studies in Economics from Department of Economics, University of Kent Address: Department of Economics, University of Kent at Canterbury, Canterbury, Kent, CT2 7NP Series data maintained by Emma Robinson ().
This site is part of RePEc
and all the data displayed here is part of the RePEc data set.
Is your work missing from RePEc? Here is how to
contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .