Social Norms and Preferences

HANDBOOK FOR SOCIAL ECONOMICS, J. Benhabib, A. Bisin & M. Jackson, eds., Forthcoming

PIER Working Paper No. 10-019

48 Pages Posted: 24 May 2010

See all articles by Andrew Postlewaite

Andrew Postlewaite

University of Pennsylvania - Department of Economics

Multiple version iconThere are 2 versions of this paper

Date Written: May 1, 2010

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.

Keywords: Social Norms, Social Preferences

JEL Classification: D01,D03

Suggested Citation

Postlewaite, Andrew, Social Norms and Preferences (May 1, 2010). HANDBOOK FOR SOCIAL ECONOMICS, J. Benhabib, A. Bisin & M. Jackson, eds., Forthcoming, PIER Working Paper No. 10-019, Available at SSRN: https://ssrn.com/abstract=1614867

Andrew Postlewaite (Contact Author)

University of Pennsylvania - Department of Economics ( email )

Ronald O. Perelman Center for Political Science
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Philadelphia, PA 19104-6297
United States
215-898-7350 (Phone)
215-573-2057 (Fax)

HOME PAGE: http://www.econ.upenn.edu/~apostlew

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