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Social Norms and Preferences, Chapter for the Handbook for Social Economics, Edited by J. Benhabib, A. Bisin and M. Jackson

Author

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  • Andrew Postlewaite

    () (Department of Economics, University of Pennsylvania)

Abstract

Social norms are often posited as an explanation of differences in economic behavior and performance of societies that are difficult to explain by differences in endowments and technology. Economists are often reluctant to incorporate social aspects into their analyses when doing so leads to models that depart from the “standard” model. I discuss ways that agents’ social environment can be accommodated in standard models and the advantages and disadvantages of doing so.

Suggested Citation

  • Andrew Postlewaite, 2010. "Social Norms and Preferences, Chapter for the Handbook for Social Economics, Edited by J. Benhabib, A. Bisin and M. Jackson," PIER Working Paper Archive 10-031, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
  • Handle: RePEc:pen:papers:10-031
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    File URL: https://economics.sas.upenn.edu/sites/default/files/filevault/working-papers/10-031.pdf
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    References listed on IDEAS

    as
    1. Raquel Fernández & Alessandra Fogli, 2006. "Fertility: The Role of Culture and Family Experience," Journal of the European Economic Association, MIT Press, vol. 4(2-3), pages 552-561, 04-05.
    2. Alessandra Fogli & Raquel Fernandez, 2009. "Culture: An Empirical Investigation of Beliefs, Work, and Fertility," American Economic Journal: Macroeconomics, American Economic Association, vol. 1(1), pages 146-177, January.
    3. Okuno-Fujiwara Masahiro & Postlewaite Andrew, 1995. "Social Norms and Random Matching Games," Games and Economic Behavior, Elsevier, vol. 9(1), pages 79-109, April.
    4. Raquel Fernández & Alessandra Fogli & Claudia Olivetti, 2004. "Mothers and Sons: Preference Formation and Female Labor Force Dynamics," The Quarterly Journal of Economics, Oxford University Press, vol. 119(4), pages 1249-1299.
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    Cited by:

    1. Roland Olbrich & Martin F. Quaas & Stefan Baumgaertner, 2011. "Personal norms of sustainability and their impact on management – The case of rangeland management in semi-arid regions," Working Paper Series in Economics 209, University of Lüneburg, Institute of Economics.
    2. David Smerdon & Theo Offerman & Uri Gneezy, 2016. "Everybody's doing it: On the Emergence and Persistence of Bad Social Norms," Tinbergen Institute Discussion Papers 16-023/I, Tinbergen Institute.

    More about this item

    Keywords

    Social norms; social preferences; interdependent preferences; social behavior;

    JEL classification:

    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles

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