CaltechAUTHORS
Published April 2015 | Version public
Journal Article Metadata-only

A note on endogenous norms in a theory of conformity

Creators

  • 1. ROR icon California Institute of Technology

Abstract

Trendsetters wish to be perceived as the type that defines normative behavior. Incorporating norm formation in Bernheim (1994)'s model yields equilibria with social considerations concentrating behavior, allowing multiple conformist pools. Refinements link each pooling equilibrium to a unique social norm.

Additional Information

© 2015 Elsevier B.V. Received 25 September 2014; Received in revised form 29 December 2014; Accepted 16 January 2015; Available online 3 February 2015. This paper is taken from my doctoral thesis at the University of California, San Diego. I started this project with a lot of help from Navin Kartik and have benefited from the comments of S. Nageeb Ali, B. Douglas Bernheim, Vincent Crawford, David Miller, Allan Timmermann, and seminar participants at UCSD. Khai Chiong provided invaluable feedback correcting an error from an early draft. All remaining mistakes are my own. Comments, feedback, and suggestions are welcome.

Additional details

Identifiers

Eprint ID
57328
DOI
10.1016/j.econlet.2015.01.017
Resolver ID
CaltechAUTHORS:20150507-100815431

Related works

Describes
10.1016/j.econlet.2015.01.017 (DOI)

Dates

Created
2015-05-07
Created from EPrint's datestamp field
Updated
2021-11-10
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