ORCID: https://orcid.org/0000-0001-8227-5451
(1993):
On Custom.
In: Journal of institutional and theoretical economics, Vol. 149, No. 1: pp. 178-203
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Abstract
Custom is a key factor for economic performance. Social and economic institutions build on it. The purpose of this paper is to reflect on the motivational force of custom per se, as brought about by history. History creates entitlements, and these influence behavior. Custom is thus understood as a set of behavioral dispositions inherited from the past. In this, the present considerations deviate from earlier approaches that take custom as being stabilized by external rewards and sanctions alone
| Item Type: | Journal article |
|---|---|
| Keywords: | Custom, conventions, social capital, entitlements |
| Faculties: | Economics > Chairs > Chair of Institutional Economics (closed) Economics |
| Subjects: | 300 Social sciences > 300 Social sciences, sociology and anthropology 300 Social sciences > 330 Economics |
| URN: | urn:nbn:de:bvb:19-epub-3163-1 |
| ISSN: | 0044-2550 |
| Item ID: | 3163 |
| Date Deposited: | 08. Apr 2008, 14:01 |
| Last Modified: | 29. Apr 2016, 08:55 |
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