Self‐control or social control? Peer effects on temptation consumption.
This paper examines peer effects on self‐control problems. I construct a theoretical model to describe how peer networks influence consumption behaviors through social norms. Using monthly survey data conducted in 16 Thai villages from 1999 through 2004, I find that peer's temptation consumption sig...
| Publicado en: | Southern Economic Journal Vol. 91; no. 2; pp. 630 - 676 |
|---|---|
| Autor principal: | |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Oct2024
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=180607954&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 180607954 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00384038 SEJ jtl: Southern Economic Journal issn: 00384038 maglogo: N pubinfo: dt: Oct2024 vid: 91 iid: 2 pid: 480 pub: Wiley-Blackwell artinfo: ui: 180607954 10.1002/soej.12697 ppf: 630 ppct: 46 formats: fmt: – @attributes: type: T – @attributes: type: C – @attributes: type: P size: 4.9MB tig: atl: Self‐control or social control? Peer effects on temptation consumption. aug: au: Chuang, Yating affil: Academia Sinica, Institute of Economics, Taipei, Taiwan su: Peer pressure Consumption (Economics) Social norms Social networks U.S. dollar sug: subj: Peer pressure Consumption (Economics) Social norms Social networks Other Individual and Family Services U.S. dollar keyword: consumption networks peer effects self‐control temptation consumption networks peer effects self‐control temptation ab: This paper examines peer effects on self‐control problems. I construct a theoretical model to describe how peer networks influence consumption behaviors through social norms. Using monthly survey data conducted in 16 Thai villages from 1999 through 2004, I find that peer's temptation consumption significantly impacts individuals' temptation consumption such as alcohol, tobacco, and gambling. A one baht (around $0.025 U.S. dollars) increase in peer's temptation consumption leads to a 1.5 times increase in one's own temptation consumption. With detailed household‐level social network information defined by actual transactions, this paper identifies peer effects using a friend of a friend (excluded network) as the instrument. The panel nature of this instrument overcomes various common identification challenges, such as reflection, correlated effects, and common unobservable shocks, in the literature. My findings suggest that these peer effects are driven primarily by social norms, rather than risk sharing. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|