Status Risk-Aversion And Following Behaviour In Social And Economic Settings

Preprint

preprint

Published in RePEc

Abstract

This paper describes a theory of rational emulation and deviance. It assumes that individuals care about relative position (or 'status'), and constructs a model of decision-making in social and economic settings. (This abstract was borrowed from another version of this item.)

Keywords

DECISION MAKING
MODEL
RISK AVERSION
EMULATION
DEVIANCE
ITEM
BORROWED
SOCIAL AND ECONOMIC
BEHAVIOUR IN SOCIAL

All Related Versions

Version 1, RePEc

This publication has 0 references indexed in Scilit: