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Social norms or low-cost heuristics? An experimental investigation of imitative behavior

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  • Simona Cicognani
  • Luigi Mittone

Abstract

This paper extends choice theory by allowing for the interaction between cognitive costs and social norms. We experimentally investigate the role of imitation when participants face a task which is costly in cognitive terms. We identify two main reasons for imitative behavior. First, individuals belonging to a community might want to conform to others to obey to social norms. Second, individuals might be boundedly rational and consider imitation as a decisional device when comparing alternatives is cognitively demanding. In order to disentangle the two effects, we devise a laboratory experiment with a novel experimental task in which we model the choice of different alternatives through high or low cognitive costs and feedback information provided to subjects. Our results provide evidence for imitative behavior only through the channel of beliefs regarding others� performance. We also find a temporal pattern in the distribution of choices, both in the high-cost and low-cost cognitive conditions, that may represent another cognitive shortcut.

Suggested Citation

  • Simona Cicognani & Luigi Mittone, 2014. "Social norms or low-cost heuristics? An experimental investigation of imitative behavior," CEEL Working Papers 1402, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
  • Handle: RePEc:trn:utwpce:1402
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    1. Apesteguia, Jose & Huck, Steffen & Oechssler, Jorg, 2007. "Imitation--theory and experimental evidence," Journal of Economic Theory, Elsevier, vol. 136(1), pages 217-235, September.
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    More about this item

    Keywords

    Social Norms; Cognitive Costs; Laboratory Experiments;
    All these keywords.

    JEL classification:

    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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