Cartwright, Edward (2009) Social norms: Does it matter whether agents are rational or boundedly rational? Journal of Socio Economics, 38 (3). pp. 403-410. ISSN 1053-5357. (doi:10.1016/j.socec.2009.02.008) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:18252)
| The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. | |
| Official URL: http://dx.doi.org/10.1016/j.socec.2009.02.008 |
Abstract
The motivation for this paper is to consider whether changes in conformity over time are likely to depend critically on agent behavior. To get some insight on this we use the framework of Chamley [Chamley, C., 1999. Coordinating regime switches. The Quarterly Journal of Economics 114, 869–905] and compare the dynamic of conformity in a setting where agents are rational to one where they are adaptive (or backward looking). This is followed by a more general discussion on the issue.
| Item Type: | Article |
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| DOI/Identification number: | 10.1016/j.socec.2009.02.008 |
| Uncontrolled keywords: | Conformity Social norms Adaptive Rational |
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Divisions > Division of Human and Social Sciences > School of Economics |
| Depositing User: | Edward Cartwright |
| Date Deposited: | 27 Nov 2009 11:17 UTC |
| Last Modified: | 05 Nov 2024 09:54 UTC |
| Resource URI: | https://kar.kent.ac.uk/id/eprint/18252 (The current URI for this page, for reference purposes) |
University of Kent Author Information
Cartwright, Edward.
| Creator's ORCID: |
 https://orcid.org/0000-0003-0194-9368
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