Reference Group Behaviour and Economic Incentives

These notes, published in 1981, introduce the concept of the social multiplier: If the behavior of agents is positively influenced by what members of their reference group do, this enhances the power of economic incentives.

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Year of publication:	1981
Authors:	Schlicht, Ekkehart
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	social multiplier \| reference group behavior \| incentives \| imitation \| conformity

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Extent:	application/pdf
Series:	Munich Reprints in Economics.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Published in Journal of Institutional and Theoretical Economics 1 and 137(1981): pp. 125ff.-733ff
Classification:	D01 - Microeconomic Behavior: Underlying Principles ; J30 - Wages, Compensation, and Labor Costs. General ; Z13 - Social Norms and Social Capital
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008515864