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Negative Economic Shocks and Compliance to Social Norms| title | Negative Economic Shocks and Compliance to Social Norms |
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| start_date | 2023/02/10 |
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| schedule | 11h15-12h30 |
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| online | no |
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| location_info | MSE 6th Floor Room |
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| summary | We study why suffering a Negative Economic Shock (NES), i.e. a significant loss, may trigger a change in other-regarding behaviour. We conjecture that people trade off concern for money against a conditional preference to follow social norms and that suffering a shock makes extrinsic motivation more salient, leading to more norm violation. This result can be formally proved when preferences are norm-dependent. We study this question experimentally : after administering losses on the earnings from a Real Effort Task, we analyze choices in prosocial and antisocial settings. To derive our predictions, we elicit social norms for each context analyzed in the experiments. We find robust evidence that shocks increase deviations from norms. Joint work with Rafael C, harrisCamilo Gomez and Felipe Montealegre. |
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| responsibles | Saucet, Pejsachowicz |
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Workflow history| from state (1) | to state | comment | date |
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| submitted | published | | 2023/02/02 09:02 UTC |
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