Beschreibung
Behavioural economics are, amongst other things, concerned with the influence of social norms on behaviour. There has been empirical research on spillover effects across norms, but the need for a suitable theoretical framework has sometimes been neglected. This has led to confusions about the extent norm spillovers can have and the structural limits they inherit. This work presents a model based on Granovetters model of thresholds which helps identifying the dynamics of norm adherence and long-run equilibria. This model also allows to address the question of the influence norms may have on the adherence of other norms and the limits thereof.
Autorenporträt
Manuel S. Proemel studied Economics at the Philipps-University of Marburg and Financial Economics at the University of Glasgow. His primary research interests lie in Behavioural Economics and the Econometrics of Financial Markets. He is not afraid of wolves but if he ever were to face an angry wolf, he would probably be scared.
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