Social Norms and Social Assets

Posted: 31 Aug 2011

See all articles by Andrew Postlewaite

Andrew Postlewaite

University of Pennsylvania - Department of Economics

Date Written: September 2011

Abstract

Social norms are often posited as an explanation of differences in the economic behavior and performance of societies that are difficult to explain by differences in endowments and technology. The successful integration of social norms into economic models requires an understanding of the basis of the differences in preferences that lead to different behaviors. I explore the difference between deep and reduced-form preferences and how both can differ across societies.

Suggested Citation

Postlewaite, Andrew, Social Norms and Social Assets (September 2011). Annual Review of Economics, Vol. 3, pp. 239-259, 2011, Available at SSRN: https://ssrn.com/abstract=1920094 or http://dx.doi.org/10.1146/annurev-economics-061109-080158

Andrew Postlewaite (Contact Author)

University of Pennsylvania - Department of Economics ( email )

Ronald O. Perelman Center for Political Science
133 South 36th Street
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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