A theory of esteem based peer pressure
(2019)
Journal Article
Adriani, F., & Sonderegger, S. (2019). A theory of esteem based peer pressure. Games and Economic Behavior, 115, 314-335. https://doi.org/10.1016/j.geb.2019.03.010
How does the incentive to engage in social signaling depend on the composition of peers? We find that an increase in the mean peer quality may either strengthen signaling incentives (keeping up with the Joneses) or weaken them (small fish in a big po... Read More about A theory of esteem based peer pressure.