Reference Group Behaviour and Economic Incentives: A Remark

Ekkehart Schlicht

Munich Reprints in Economics from University of Munich, Department of Economics

Abstract: 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)
Date: 1981
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Published in Journal of Institutional and Theoretical Economics (Zeitschrift für die gesamte Staatswissenschaft) 137 1(1981): pp. 125-127

Downloads: (external link)
https://epub.ub.uni-muenchen.de/4183/1/reference_g ... 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) HTML/Text

Persistent link: https://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 Ludwigstr. 28, 80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Tamilla Benkelberg ().