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This paper analyzes how private decisions and public policies are shaped by personal and societal preferences ("values"), material or other explicit incentives ("laws") and social sanctions or rewards ("norms"). It first examines how honor, stigma and social norms arise from individuals'...
Persistent link: https://www.econbiz.de/10009530311
We examine economic growth, inequality and education when the wellspring of growth is the formation of human capital …
Persistent link: https://www.econbiz.de/10011403095