Reference Group Behaviour and Economic Incentives: A Remark

Schlicht, Ekkehart (1981): Reference Group Behaviour and Economic Incentives: A Remark. In: Journal of Institutional and Theoretical Economics (Zeitschrift für die gesamte Staatswissenschaft), Bd. 1, Nr. 137: S. 125-127

Abstract

People tend, in many ways, to behave like the others they see around them. This note´shows that such reference group behavior tends to reinforce incentives (economic or other) that influence individuals directly only marginally. The workings or such incentives is augmented what might be called a "social multiplier."

• Dokumententyp: Zeitschriftenartikel
• Keywords: reference group, incentives, conformity, social multiplier, aggregation
• Fakultät: Volkswirtschaft > Lehrstühle > Seminar für Theorie und Politik der Einkommensverteilung (aufgelöst) ; Volkswirtschaft
• Themengebiete: 300 Sozialwissenschaften > 300 Sozialwissenschaft, Soziologie ; 300 Sozialwissenschaften > 330 Wirtschaft
• JEL Classification: J3

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