| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5058803 | Economics Letters | 2015 | 5 Pages |
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.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Benjamin J. Gillen,