Abstract
In a signalling model of conformity, we demonstrate that naïve observers, those that take actions at face value, constrain the set of actions that can possibly be social norms. With rational observers many actions can be norms, but with naïve observers only actions close to that preferred by the ideal type can be norms. We suggest, therefore, that the naïvety or inexperience of observers is an important determinant of norms and how they evolve.
Original language | English |
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Pages (from-to) | 280-289 |
Number of pages | 10 |
Journal | Journal of Institutional and Theoretical Economics |
Volume | 168 |
Issue number | 2 |
DOIs | |
Publication status | Published - 1 Jun 2012 |