Showing 1 - 10 of 19
Descriptive norms - the behavior of other individuals in one's reference group - play a key role in shaping individual decisions. When characterizing the behavior of others, a standard approach in the literature is to focus on average behavior. In this paper, we argue both theoretically and...
Persistent link: https://www.econbiz.de/10013480176
Descriptive norms – the behavior of other individuals in one's reference group – play a key role in shaping individual decisions. When characterizing the behavior of others, a standard approach in the literature is to focus on average behavior. In this paper, we argue both theoretically and...
Persistent link: https://www.econbiz.de/10014290143
Building on findings showing that laws exert a causal effect on social norms, this paper investigates whether this "expressive power of law" differs by gender or race. We develop a model to show that such differences are theoretically plausible. We then use an incentivized vignette experiment to...
Persistent link: https://www.econbiz.de/10014476188
Building on findings showing that laws exert a causal effect on social norms, this paper investigates whether this "expressive power of law" differs by gender or race. We develop a model to show that such differences are theoretically plausible. We then use an incentivized vignette experiment to...
Persistent link: https://www.econbiz.de/10014480515
In this paper we study the relationship between inequality and social instability. While the argument that inequality can be damaging for the cohesion of a society is old, the empirical evidence is mixed. We use a novel approach to isolate the causal relationship running from inequality to...
Persistent link: https://www.econbiz.de/10014480587
We study the relationship between inequality and social instability. While the argument that inequality can be damaging for the cohesion of a society is well established, the empirical evidence is mixed. We use a novel approach to isolate the causal relationship running from inequality to social...
Persistent link: https://www.econbiz.de/10014581737
People often form expectations about others using the lens of their own attitudes (the so-called consensus effect). We study the implications of this for trust and trustworthiness. Trustworthy individuals are more \optimistic" than opportunists and are accordingly less afraid to engage in...
Persistent link: https://www.econbiz.de/10010392410
We study Nature's trade-off when endowing people with the cognitive ability to distinguish between different time periods or different prizes. Our key premise is that cognitive ability is a scarce resource, to be deployed only where and when it really matters. We show that this simple insight...
Persistent link: https://www.econbiz.de/10010392413
We consider a society with informed individuals (adults) and naive individuals (children). Adults are altruistic towards their own children and possess information that allows to better predict the behavior of other adults. Children benefit from adopting behaviors that conform to the social norm...
Persistent link: https://www.econbiz.de/10010392429
Signaling models of esteem have implications for peer pressure. Using Bénabou's and Tirole's "honor-stigma" model, we analyze how the pressure to engage in costly signaling changes with the distribution of peers' attributes. In particular, we provide novel comparative statics on the effects of...
Persistent link: https://www.econbiz.de/10012029790