On the Regulation of Social Norms
A model is developed to understand how norms can be influenced by "norm entrepreneurs," for example, lawmakers, government agencies, unions, etc. Two instruments of influencing the dynamics of norm-following behavior are analyzed, namely transforming the (monetary) incentives and changing the meaning or the reputational value of following a norm. Both forms of norm regulation are incorporated into Akerlof's model of social custom (1980), and the comparative static properties of norm destruction and norm creation for different types of norms are derived. In particular, it is shown how norms should be regulated when almost everybody follows them and when they take the form of bandwagon and snob norms. Copyright 2001 by Oxford University Press.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 17 (2001)
Issue (Month): 2 (October)
|Contact details of provider:|| Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK|
Fax: 01865 267 985
Web page: http://jleo.oupjournals.org/
|Order Information:||Web: http://www.oup.co.uk/journals|
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.:
- Huck, Steffen, 1998. "Trust, Treason, and Trials: An Example of How the Evolution of Preferences Can Be Driven by Legal Institutions," Journal of Law, Economics and Organization, Oxford University Press, vol. 14(1), pages 44-60, April.
- Schlicht, Ekkehart, 1998. "On Custom in the Economy," OUP Catalogue, Oxford University Press, number 9780198292241, May.
- Basu, Kaushik & Jones, Eric & Schlicht, Ekkehart, 1987.
"The Growth and Decay of Custom: The Role of the New Institutional Economics in Economic History,"
Munich Reprints in Economics
3328, University of Munich, Department of Economics.
- Basu, Kaushik & Jones, Eric & Schlicht, Ekkehart, 1987. "The growth and decay of custom: The role of the new institutional economics in economic history," Explorations in Economic History, Elsevier, vol. 24(1), pages 1-21, January.
- Basu, Kaushik & Jones, Eric & Schlicht, Ekkehart, 1987. "The Growth and Decay of Custom: The Role of the New Institutional Economics in Economic History," MPRA Paper 3790, University Library of Munich, Germany.
- H. Leibenstein, 1950. "Bandwagon, Snob, and Veblen Effects in the Theory of Consumers' Demand," The Quarterly Journal of Economics, Oxford University Press, vol. 64(2), pages 183-207.
- de Neubourg, Chris & Vendrik, Maarten, 1994. "An extended rationality model of social norms in labour supply," Journal of Economic Psychology, Elsevier, vol. 15(1), pages 93-126, March.
When requesting a correction, please mention this item's handle: RePEc:oup:jleorg:v:17:y:2001:i:2:p:449-76. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press)or (Christopher F. Baum)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.