Reference Group Behaviour and Economic Incentives

Ekkehart Schlicht

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

Abstract: These notes, published in 1981, introduce the concept of the social multiplier: If the behavior of agents is positively influenced by what members of their reference group do, this enhances the power of economic incentives.

Keywords: social multiplier; reference group behavior; incentives; imitation; conformity (search for similar items in EconPapers)
JEL-codes: D01 J30 Z13 (search for similar items in EconPapers)
Date: 1981
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Citations: View citations in EconPapers (6)

Published in Journal of Institutional and Theoretical Economics 1 and 137(1981): pp. 125ff.-733ff

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Related works:
Working Paper: Reference Group Behaviour and Economic Incentives (1980)
Working Paper: Reference Group Behaviour and Economic Incentives (1980)
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