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Incentives and Social Norms in Household Behavior

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Author Info
Lindbeck, A

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Abstract

In 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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Publisher Info
Paper provided by Stockholm - International Economic Studies in its series Papers with number 622.

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Length: 12 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:fth:stocin:622

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Related research
Keywords: HOUSEHOLD ; SOCIOLOGY;

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Find related papers by JEL classification:
R2 - Urban, Rural, and Regional Economics - - Household Analysis
A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics

References listed on IDEAS
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.:

  1. 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. [Downloadable!] (restricted)
  2. Lindbeck, Assar, 1995. " Welfare State Disincentives with Endogenous Habits and Norms," Scandinavian Journal of Economics, Blackwell Publishing, vol. 97(4), pages 477-94, December.
    Other versions:
  3. Pollak, Robert A, 1976. "Interdependent Preferences," American Economic Review, American Economic Association, vol. 66(3), pages 309-20, June.
  4. Schelling, Thomas C, 1969. "Models of Segregation," American Economic Review, American Economic Association, vol. 59(2), pages 488-93, May. [Downloadable!] (restricted)
  5. Akerlof, George A, 1980. "A Theory of Social Custom, of Which Unemployment May be One Consequence," The Quarterly Journal of Economics, MIT Press, vol. 94(4), pages 749-75, June. [Downloadable!] (restricted)
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  6. Kapteyn, Arie & Wansbeek, Tom, 1982. "Empirical evidence on preference formation," Journal of Economic Psychology, Elsevier, vol. 2(2), pages 137-154, June. [Downloadable!] (restricted)
  7. Bernheim, B Douglas, 1994. "A Theory of Conformity," Journal of Political Economy, University of Chicago Press, vol. 102(5), pages 841-77, October. [Downloadable!] (restricted)
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