More documents from Cartwright, Edward
More documents from Journal of Economic Behavior & Organization

Export to your Reference Manger

Please Copy & Paste



Bookmark and Share

Conformity and out of equilibrium beliefs

[journal article]

Cartwright, Edward

fulltextDownloadDownload full text

(459 KByte)

Citation Suggestion

Please use the following Persistent Identifier (PID) to cite this document:

Further Details
Abstract 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.
Classification Methods and Techniques of Data Collection and Data Analysis, Statistical Methods, Computer Methods
Document language English
Publication Year 2009
Page/Pages p. 164-185
Journal Journal of Economic Behavior & Organization, 70 (2009) 1-2
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)