The economic analysis of social norms: A reappraisal of Hayek's legacy
AbstractThis paper is organized as follows : First we show that the reference to the notion of group selection is coherent with the other parts of Hayek's thought. Second we develop the idea that recent works in terms of the emergence and evolution of social norms corroborate in part Hayek's theses in this domain. Finally we put to the fore some drawbacks in Hayek's approach and propose means to solve them.
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Date of creation: Sep 2009
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Publication status: Published, Review of Austrian Economics, 2009, 22, 3, 259-279
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Hayek ; social norms ; emergence and evolution ; coherence ; relevance;
Other versions of this item:
- Agnès Festré & Pierre Garrouste, 2009. "The economic analysis of social norms: A reappraisal of Hayek’s legacy," The Review of Austrian Economics, Springer, vol. 22(3), pages 259-279, September.
- B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian
- B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals
- D0 - Microeconomics - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-09-11 (All new papers)
- NEP-HPE-2009-09-11 (History & Philosophy of Economics)
- NEP-MIC-2009-09-11 (Microeconomics)
- NEP-SOC-2009-09-11 (Social Norms & Social Capital)
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