A Theory of Injunctive Norms
48 Pages Posted: 27 Apr 2020 Last revised: 26 Apr 2023
Date Written: April 24, 2023
Abstract
Recent thinking in behavioral economics suggests that evidence of other-regarding and context-dependent social behavior can be reconciled by assuming that individuals, apart from self-interest, are motivated to follow injunctive norms. Such norms capture shared beliefs about the social appropriateness of allocations in a choice set. We propose an axiomatic model where such norms arise endogenously from the set of available outcomes. The model is rooted in a plausible moral psychology and provides an account of why behavior is other-regarding and why and how it varies with context.
Keywords: norms, experiments, social preferences
JEL Classification: C9, D9
Suggested Citation: Suggested Citation