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The erosion of personal norms and cognitive dissonance

Author

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  • Vicente Calabuig
  • Gonzalo Olcina
  • Fabrizio Panebianco

Abstract

In this article, we study how personal norms and behaviour interact and evolve when agents try to reduce cognitive dissonance, and how this dynamic relates to Nash equilibrium. We find that in long run, agents play, and norms prescribe, Nash equilibrium in material payoffs (in the absence of norms). Our model captures two main facts: (i) norms erode along the play of the game; (ii) the erosion of norms depends on the set of possible economic choices, so that the policy maker can potentially influence them.

Suggested Citation

  • Vicente Calabuig & Gonzalo Olcina & Fabrizio Panebianco, 2016. "The erosion of personal norms and cognitive dissonance," Applied Economics Letters, Taylor & Francis Journals, vol. 23(18), pages 1265-1268, December.
    • Handle: RePEc:taf:apeclt:v:23:y:2016:i:18:p:1265-1268
    DOI: 10.1080/13504851.2016.1150940
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    References listed on IDEAS

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    1. Jenna Bednar & Aaron Bramson & Andrea Jones-Rooy & Scott Page, 2010. "Emergent cultural signatures and persistent diversity: A model of conformity and consistency," Rationality and Society, , vol. 22(4), pages 407-444, November.
    2. Blaufus, Kay & Braune, Matthias & Hundsdoerfer, Jochen & Jacob, Martin, 2015. "Self-serving bias and tax morale," Economics Letters, Elsevier, vol. 131(C), pages 91-93.
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    Cited by:

    1. Sebastiano Della Lena & Pietro Dindo, 2019. "On the Evolution of Norms in Strategic Environments," Working Papers 2019: 16, Department of Economics, University of Venice "Ca' Foscari".
    2. Gavrilets, Sergey & Tverskoi, Denis & Sánchez, Angel, 2023. "Modeling social norms: an integration of the norm-utility approach with beliefs dynamics," SocArXiv n934a, Center for Open Science.

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