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Schlicht, Ekkehart ORCID logoORCID: https://orcid.org/0000-0001-8227-5451 (1981): Reference Group Behaviour and Economic Incentives. In: Journal of Institutional and Theoretical Economics, Vol. 137, No. 1 and: 125ff.-733ff [PDF, 410kB]


These notes, published in 1981, introduce the concept of the social multiplier: If the behavior of agents is positively influenced by what members of their reference group do, this enhances the power of economic incentives.

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