Social Norms and Preferences, Chapter for the Handbook for Social Economics, Edited by J. Benhabib, A. Bisin and M. Jackson

Andrew Postlewaite

PIER Working Paper Archive from Penn Institute for Economic Research, Department of Economics, University of Pennsylvania

Abstract: Social norms are often posited as an explanation of differences in economic behavior and performance of societies that are difficult to explain by differences in endowments and technology. Economists are often reluctant to incorporate social aspects into their analyses when doing so leads to models that depart from the “standard†model. I discuss ways that agents’ social environment can be accommodated in standard models and the advantages and disadvantages of doing so.

Keywords: Social norms; social preferences; interdependent preferences; social behavior (search for similar items in EconPapers)
JEL-codes: D01 (search for similar items in EconPapers)
Pages: 48 pages
Date: 2010-05-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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