27 Pages Posted: 11 Sep 2004
In this article, we suggest that human attitudes of conformity can be understood as a product of adaptation. While existing models of conformity invoke preference falsification in which individuals hide their true preferences, we posit an adaptive mechanism for conformity. Specifically, because non-conformity leads to costs as a dissenting individual is shut out of social networks and majority coalitions in the collective choice context, individuals have an incentive to sublimate their original preferences to a meta-preference for conformity. However, this adaptation is not costless. Resisting original preferences imposes self-denial costs on an individual that may exceed the benefits of conforming. Further, a conforming individual foregoes the small probability that his first-best original preferences will be realized. Thus, this preference modification model of conformity predicts that individuals with high self-denial costs and lower levels of risk aversion will be less likely to conform.
Keywords: Conformism, Endogenous Preferences, Social Networks, Preference Falsification
JEL Classification: K10, D70
Suggested Citation: Suggested Citation
Klick, Jonathan and Parisi, Francesco, Social Networks, Self Denial, and Median Preferences: Conformity as an Evolutionary Strategy. Journal of Socio-Economics, Forthcoming; FSU College of Law, Public Law Research Paper No. 126; FSU College of Law, Law and Economics Paper No. 05-01; George Mason Law & Economics Research Paper No. 04-41; Minnesota Legal Studies Research Paper No. 07-15. Available at SSRN: https://ssrn.com/abstract=589325 or http://dx.doi.org/10.2139/ssrn.589325