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How important are social norms for our economic behaviour? – Discussion Paper by Felix Kölle and Simone Quercia

Most people recognise social norms as universally valid rules and behave accordingly. These rules make sense for social coexistence, but what role do such values play in an economic context? Dr Felix Kölle (University of Cologne, Department of Economics) and his colleague Simone Quercia (University of Verona) have investigated exactly this. In Discussion Paper No. 099, of the Cluster of Excellence ECONtribute, their paper “The influence of empirical and normative expectations for cooperative behaviour” was published in June 2021. Further information can be found here.

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