Reference Group Behaviour and Economic Incentives
AbstractThese notes, published in 1981, introduce the concept of the social multiplier: If the behavior of agents is positively influenced by what members of their reference group do, this enhances the power of economic incentives.
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Bibliographic InfoPaper provided by University of Munich, Department of Economics in its series Munich Reprints in Economics with number 10623.
Date of creation: 1981
Date of revision:
Publication status: Published in Journal of Institutional and Theoretical Economics 1 and 137(1981): pp. 125ff.-733ff
social multiplier; reference group behavior; incentives; imitation; conformity;
Find related papers by JEL classification:
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
- J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
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