Tastes, Castes, and Culture : The Influence of Society on Preferences
Economists have traditionally treated preferences as exogenously given. Preferences are assumed to be influenced by neither beliefs nor the constraints people face. As a consequence, changes in behaviour are explained exclusively in terms of change...
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| Format: | Policy Research Working Paper |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110815154917 http://hdl.handle.net/10986/3522 |
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okr-10986-35222021-04-23T14:02:10Z Tastes, Castes, and Culture : The Influence of Society on Preferences Fehr, Ernst Hoff, Karla ANIMALS ARGUMENTS ART BASIC BEHAVIORAL ECONOMICS BELIEFS BIOLOGICAL FACTORS BOURGEOISIE CASTES CLASSICAL ECONOMICS COLLECTIVE ACTION CONSUMERS CULTURAL DIFFERENCES CULTURAL FACTORS CULTURAL PRACTICES CULTURAL RESEARCH DEMAND CURVES DEVELOPMENT POLICY DISCOUNT RATE DISCRIMINATION DOCUMENTATION ECONOMETRICS ECONOMIC ANALYSIS ECONOMIC HISTORY ECONOMIC MODELS ECONOMIC OUTCOMES ECONOMIC RESEARCH ECONOMIC THEORY EMPIRICAL RESEARCH EMPLOYMENT EMPOWERMENT ENDOGENOUS PREFERENCES EVOLUTION EXPECTED UTILITY EXPERIMENTAL ECONOMICS FIXED COSTS FUTURE RESEARCH GAME THEORY HETEROGENEITY HISTORICAL EVENTS HUMAN CAPITAL IDENTITY INCOME INDUSTRIAL ECONOMICS INSURANCE LABOR SUPPLY LABOUR LITERATURE LOVE MACROECONOMICS MATERNITY LEAVE MEMORY MINIMUM WAGE MULTIPLE EQUILIBRIA NATURE NORMS PARENTS PERCEPTION PERCEPTIONS POLITICAL INSTITUTIONS POWER PREDATORY PRICING PREFERENCES PSYCHOLOGY PUBLIC GOOD RABBIT RETIREMENT RISK AVERSE SOCIAL CONFLICT SOCIAL GROUPS SOCIAL PRACTICES SOCIAL SCIENCES SOCIAL STRATIFICATION SOCIETIES SOCIOLOGISTS SOCIOLOGY UNEMPLOYED UNEMPLOYMENT UTILITY THEORY VARIETY VIOLENCE WAGES WEALTH WELFARE ECONOMICS WILLINGNESS TO ACCEPT WILLINGNESS TO PAY Economists have traditionally treated preferences as exogenously given. Preferences are assumed to be influenced by neither beliefs nor the constraints people face. As a consequence, changes in behaviour are explained exclusively in terms of changes in the set of feasible alternatives. Here the authors argue that the opposition to explaining behavioural changes in terms of preference changes is ill-founded, that the psychological properties of preferences render them susceptible to direct social influences, and that the impact of "society" on preferences is likely to have important economic and social consequences. 2012-03-19T18:03:58Z 2012-03-19T18:03:58Z 2011-08-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110815154917 http://hdl.handle.net/10986/3522 English Policy Research working paper ; no. WPS 5760 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ANIMALS ARGUMENTS ART BASIC BEHAVIORAL ECONOMICS BELIEFS BIOLOGICAL FACTORS BOURGEOISIE CASTES CLASSICAL ECONOMICS COLLECTIVE ACTION CONSUMERS CULTURAL DIFFERENCES CULTURAL FACTORS CULTURAL PRACTICES CULTURAL RESEARCH DEMAND CURVES DEVELOPMENT POLICY DISCOUNT RATE DISCRIMINATION DOCUMENTATION ECONOMETRICS ECONOMIC ANALYSIS ECONOMIC HISTORY ECONOMIC MODELS ECONOMIC OUTCOMES ECONOMIC RESEARCH ECONOMIC THEORY EMPIRICAL RESEARCH EMPLOYMENT EMPOWERMENT ENDOGENOUS PREFERENCES EVOLUTION EXPECTED UTILITY EXPERIMENTAL ECONOMICS FIXED COSTS FUTURE RESEARCH GAME THEORY HETEROGENEITY HISTORICAL EVENTS HUMAN CAPITAL IDENTITY INCOME INDUSTRIAL ECONOMICS INSURANCE LABOR SUPPLY LABOUR LITERATURE LOVE MACROECONOMICS MATERNITY LEAVE MEMORY MINIMUM WAGE MULTIPLE EQUILIBRIA NATURE NORMS PARENTS PERCEPTION PERCEPTIONS POLITICAL INSTITUTIONS POWER PREDATORY PRICING PREFERENCES PSYCHOLOGY PUBLIC GOOD RABBIT RETIREMENT RISK AVERSE SOCIAL CONFLICT SOCIAL GROUPS SOCIAL PRACTICES SOCIAL SCIENCES SOCIAL STRATIFICATION SOCIETIES SOCIOLOGISTS SOCIOLOGY UNEMPLOYED UNEMPLOYMENT UTILITY THEORY VARIETY VIOLENCE WAGES WEALTH WELFARE ECONOMICS WILLINGNESS TO ACCEPT WILLINGNESS TO PAY |
| spellingShingle |
ANIMALS ARGUMENTS ART BASIC BEHAVIORAL ECONOMICS BELIEFS BIOLOGICAL FACTORS BOURGEOISIE CASTES CLASSICAL ECONOMICS COLLECTIVE ACTION CONSUMERS CULTURAL DIFFERENCES CULTURAL FACTORS CULTURAL PRACTICES CULTURAL RESEARCH DEMAND CURVES DEVELOPMENT POLICY DISCOUNT RATE DISCRIMINATION DOCUMENTATION ECONOMETRICS ECONOMIC ANALYSIS ECONOMIC HISTORY ECONOMIC MODELS ECONOMIC OUTCOMES ECONOMIC RESEARCH ECONOMIC THEORY EMPIRICAL RESEARCH EMPLOYMENT EMPOWERMENT ENDOGENOUS PREFERENCES EVOLUTION EXPECTED UTILITY EXPERIMENTAL ECONOMICS FIXED COSTS FUTURE RESEARCH GAME THEORY HETEROGENEITY HISTORICAL EVENTS HUMAN CAPITAL IDENTITY INCOME INDUSTRIAL ECONOMICS INSURANCE LABOR SUPPLY LABOUR LITERATURE LOVE MACROECONOMICS MATERNITY LEAVE MEMORY MINIMUM WAGE MULTIPLE EQUILIBRIA NATURE NORMS PARENTS PERCEPTION PERCEPTIONS POLITICAL INSTITUTIONS POWER PREDATORY PRICING PREFERENCES PSYCHOLOGY PUBLIC GOOD RABBIT RETIREMENT RISK AVERSE SOCIAL CONFLICT SOCIAL GROUPS SOCIAL PRACTICES SOCIAL SCIENCES SOCIAL STRATIFICATION SOCIETIES SOCIOLOGISTS SOCIOLOGY UNEMPLOYED UNEMPLOYMENT UTILITY THEORY VARIETY VIOLENCE WAGES WEALTH WELFARE ECONOMICS WILLINGNESS TO ACCEPT WILLINGNESS TO PAY Fehr, Ernst Hoff, Karla Tastes, Castes, and Culture : The Influence of Society on Preferences |
| geographic_facet |
The World Region The World Region |
| relation |
Policy Research working paper ; no. WPS 5760 |
| description |
Economists have traditionally treated
preferences as exogenously given. Preferences are assumed to
be influenced by neither beliefs nor the constraints people
face. As a consequence, changes in behaviour are explained
exclusively in terms of changes in the set of feasible
alternatives. Here the authors argue that the opposition to
explaining behavioural changes in terms of preference
changes is ill-founded, that the psychological properties of
preferences render them susceptible to direct social
influences, and that the impact of "society" on
preferences is likely to have important economic and social consequences. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Fehr, Ernst Hoff, Karla |
| author_facet |
Fehr, Ernst Hoff, Karla |
| author_sort |
Fehr, Ernst |
| title |
Tastes, Castes, and Culture : The Influence of Society on Preferences |
| title_short |
Tastes, Castes, and Culture : The Influence of Society on Preferences |
| title_full |
Tastes, Castes, and Culture : The Influence of Society on Preferences |
| title_fullStr |
Tastes, Castes, and Culture : The Influence of Society on Preferences |
| title_full_unstemmed |
Tastes, Castes, and Culture : The Influence of Society on Preferences |
| title_sort |
tastes, castes, and culture : the influence of society on preferences |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110815154917 http://hdl.handle.net/10986/3522 |
| _version_ |
1764387137947435008 |