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Reference Group Behaviour and Economic Incentives

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Author Info
Schlicht, Ekkehart
Abstract

These 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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File URL: http://epub.ub.uni-muenchen.de/10623/2/schlicht_social_multiplier_reprint.pdf
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Publisher Info
Paper provided by University of Munich, Department of Economics in its series Discussion Papers in Economics with number 10623.

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Date of creation: 1981
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Handle: RePEc:lmu:muenec:10623

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Related research
Keywords: 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 - - - Social Norms and Social Capital; Social Networks Economic Anthropology

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This page was last updated on 2009-12-8.

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