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- W1488572223 abstract "In a broad psychological perspective, both economic incentives and social norms may be be regarded as giving rise to purposesful, or “rational” behavior. By this I simply mean that individuals act in accordance with expected reward or punishment, even though the form these take differs substantially in the two cases. Whereas economic incentives imply “material rewards”, or favors that can be traded for such rewards including leisure, social norms imply “social rewards”. The latter basically take the form of approval or disapproval from others, and related feelings of pride or shame. Moreover, once a social norm has been internalized in an individual’s own value system, behavior in accordance with, or against, the norm will also result in feelings of self-respect or guilt. 2 All this" @default.
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- W1488572223 date "1997-10-29" @default.
- W1488572223 modified "2023-09-27" @default.
- W1488572223 title "Incentives and Social Norms in Household Behavior" @default.
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