Conformism and Social Connections: An Empirical Analysis of Self-Commitment to Food Purchase
AbstractRecent years registered a renewed interest in social interactions. However, due to some well-known identification problems, empirical estimation of peer effects remains quite problematic. To overcome problems of this kind, a database providing detailed information on the sequential structure of choices is analyzed. Observations refer to the deposit of money in a personal account devoted to the purchase of food at campus refectories. A clear tendency to conform to directly observed deposits is registered in the data. Furthermore, higher conformism is observed among mutually acquainted individuals.
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Bibliographic InfoPaper provided by Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia in its series CEEL Working Papers with number 0702.
Date of creation: 2007
Date of revision:
Social interactions; Identification; Conformism; Social Proximity; Food Purchase;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-02-17 (All new papers)
- NEP-CBE-2007-02-17 (Cognitive & Behavioural Economics)
- NEP-SOC-2007-02-17 (Social Norms & Social Capital)
- NEP-URE-2007-02-17 (Urban & Real Estate Economics)
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