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Incentives and Social Norms in Household Behavior

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  • Lindbeck, A

Abstract

In a broad psychological perspective, both economic incentives and social norms may be be regarded as giving rise to purposesful, or "rational" behavior. By this I simply mean that individuals act in accordaance with expected reward or punishment, even though the form these take differs substantially in the two cases. Whereas economic incentives imply "material rewards", or favors that can be traded for such rewards including leisure, social norms imply "social rewards".

Suggested Citation

  • Lindbeck, A, 1996. "Incentives and Social Norms in Household Behavior," Papers 622, Stockholm - International Economic Studies.
    • Handle: RePEc:fth:stocin:622
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    HOUSEHOLD ; SOCIOLOGY;

    JEL classification:

    • R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics

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