88-387 Social Norms and Economics

9 units, Carnegie Mellon University

Social norms play an important role in individual economic decisions and influence economic exchange outcomes. This raises several important questions. What mechanisms are effective in enforcing social norms To what extent and in what contexts might we expect norm obedience absent external economic incentives How should we take into account the role of social norms when designing economic institutions This course discusses experimental research in economics, law and psychology that takes steps towards answering these and other related questions.

Prerequisites: none listed

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