Incentives and Social Norms in Household Behavior
AbstractIn a broad psychological perspective, both economic incentives and social norms may be be regarded as giving rise to purposesful, or "rational" behavior. By this I simply mean that individuals act in accordaance with expected reward or punishment, even though the form these take differs substantially in the two cases. Whereas economic incentives imply "material rewards", or favors that can be traded for such rewards including leisure, social norms imply "social rewards".
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Bibliographic InfoPaper provided by Stockholm - International Economic Studies in its series Papers with number 622.
Length: 12 pages
Date of creation: 1996
Date of revision:
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Postal: UNIVERSITY OF STOCKHOLM, INSTITUTE FOR INTERNATIONAL ECONOMIC STUDIES, S- 106 91 STOCKHOLM SWEDEN.
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HOUSEHOLD ; SOCIOLOGY;
Other versions of this item:
- R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis
- A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Alessie, Rob & Kapteyn, Arie, 1991. "Habit Formation, Interdependent References and Demographic Effects in the Almost Ideal Demand System," Economic Journal, Royal Economic Society, vol. 101(406), pages 404-19, May.
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