A Note on Social Drinking: In Vino Veritas

15 Pages Posted: 5 Feb 2010

See all articles by Justus Haucap

Justus Haucap

Heinrich Heine University Dusseldorf - Department of Economics; German Institute for Economic Research (DIW Berlin)

Annika Herr

Düsseldorf Institute for Competition Economics (DICE), Heinrich-Heine-Universität; Ruhr Graduate School in Economics; CINCH

Date Written: December 21, 2009

Abstract

It has been a persistent phenomenon in many societies that a large proportion of alcohol consumption takes place in company of other people. While the phenomenon of social or public drinking is well discussed in disciplines as social psychology and anthropology, economists have paid little attention to the social environment of alcohol consumption. This paper tries to close this gap and explains social drinking as a trust facilitating device. Since alcohol consumption tends to make some people (unwillingly) tell the truth, social drinking can eventually serve as a signaling device in social contact games.

Keywords: Social and Public Drinking, Alcohol Consumption, Social Contact Games, Signaling

JEL Classification: C 72, D71, L14

Suggested Citation

Haucap, Justus and Herr, Annika, A Note on Social Drinking: In Vino Veritas (December 21, 2009). Available at SSRN: https://ssrn.com/abstract=1548508 or http://dx.doi.org/10.2139/ssrn.1548508

Justus Haucap (Contact Author)

Heinrich Heine University Dusseldorf - Department of Economics ( email )

Duesseldorf
Germany

HOME PAGE: http://www.dice.uni-duesseldorf.de

German Institute for Economic Research (DIW Berlin) ( email )

Mohrenstraße 58
Berlin, 10117
Germany

Annika Herr

Düsseldorf Institute for Competition Economics (DICE), Heinrich-Heine-Universität ( email )

Universitaetsstrasse 1
Düsseldorf, 40225
Germany

Ruhr Graduate School in Economics

Germany

CINCH ( email )

Universitätsstraße 2
Essen, 45141
Germany

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