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- W1996919436 abstract "Social preferences and social influence effects (“peer effects”) are well documented, but little is known about how peers shape social preferences. Settings where social preferences matter are often situations where peer effects are likely too. In a gift-exchange experiment with independent payoffs between two agents we find causal evidence for peer effects. Efforts are positively correlated but with a kink: agents follow a low-performing but not a high-performing peer. This contradicts major theories of social preferences which predict that efforts are unrelated, or negatively related. Some theories allow for positively-related efforts but cannot explain most observations. Conformism, norm following and social esteem are candidate explanations." @default.
- W1996919436 created "2016-06-24" @default.
- W1996919436 creator A5050583468 @default.
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- W1996919436 date "2015-06-01" @default.
- W1996919436 modified "2023-10-11" @default.
- W1996919436 title "Peer effects and social preferences in voluntary cooperation: A theoretical and experimental analysis" @default.
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- W1996919436 doi "https://doi.org/10.1016/j.joep.2015.03.001" @default.
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