Social influence and economic incentives: Complements or substitutes?—The case of fighting crimes

Chenyang Xu and Veld, Klaas van ’t

Economics Letters, 2019, vol. 180, issue C, 80-84

Abstract: When policy makers can both use economic incentives and nudge social influence to alter individual behavior, an open question is: are these instruments substitutes or complements? Within a crime framework, we show that they can be either. We distinguish this result from the “social multiplier” effect in the literature.

Keywords: Social influence; Enforcement; Crimes; Substitutes; Complements (search for similar items in EconPapers)
JEL-codes: D91 K00 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:180:y:2019:i:c:p:80-84

DOI: 10.1016/j.econlet.2019.04.014

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