Journal article | Zeitschriftenartikel

Conformity and out of equilibrium beliefs

We analyze a model of conformity with contrasting inferences. Given a form of ‘strong inferences’, any non-conforming agent is believed to have ‘extreme preferences’ and can expect to receive low esteem. With a weaker form of inferences, a non-conforming agent could be inferred to have ‘average preferences’ and can expect a smaller fall in esteem. We find that the type of inferences need not influence whether a conformist equilibrium exists. It will, however, impact on the size of the set of conformist equilibria and thus weakening inferences acts as an equilibrium selection device.

Conformity and out of equilibrium beliefs

Urheber*in: Cartwright, Edward

Free access - no reuse

Extent
Seite(n): 164-185
Language
Englisch
Notes
Status: Postprint; begutachtet (peer reviewed)

Bibliographic citation
Journal of Economic Behavior & Organization, 70(1-2)

Subject
Sozialwissenschaften, Soziologie
Erhebungstechniken und Analysetechniken der Sozialwissenschaften

Event
Geistige Schöpfung
(who)
Cartwright, Edward
Event
Veröffentlichung
(when)
2009

DOI
URN
urn:nbn:de:0168-ssoar-292156
Rights
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
Last update
21.06.2024, 4:27 PM CEST

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Object type

  • Zeitschriftenartikel

Associated

  • Cartwright, Edward

Time of origin

  • 2009

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