Negative economic shocks and the compliance to social norms
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11640%2F24%3A00585237" target="_blank" >RIV/00216208:11640/24:00585237 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.1017/jdm.2024.1" target="_blank" >https://doi.org/10.1017/jdm.2024.1</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1017/jdm.2024.1" target="_blank" >10.1017/jdm.2024.1</a>
Alternative languages
Result language
angličtina
Original language name
Negative economic shocks and the compliance to social norms
Original language description
We study why suffering a negative economic shock, i.e., a significant loss, may trigger a change in other-regarding behavior. We conjecture that people trade off concern for money with a conditional preference to follow social norms and that suffering a shock makes extrinsic motivation more salient, leading to more norm violation. This hypothesis is grounded on the premise that 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 evidence that shock increases deviations from norms.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Judgment and Decision Making
ISSN
1930-2975
e-ISSN
1930-2975
Volume of the periodical
19
Issue of the periodical within the volume
March
Country of publishing house
US - UNITED STATES
Number of pages
21
Pages from-to
e9
UT code for WoS article
001192347100001
EID of the result in the Scopus database
2-s2.0-85187463871