Relationship between behavioural and development economics
David Smerdon investigates the relationship between behavioural and development economics, focusing on a number of specific questions. He asks why some social norms that are inefficient, or even damaging, manage to persist for so long, developing a theoretical model that proposes a testable model of bad-norm persistence based on evidence from real-world examples. Central to the model is the role of a person’s social identity, the scale of her social payoffs, in encouraging compliance to a norm. Smerdon also investigates why societies with high levels of economic inequality exhibit lower trust among individuals and the impact of refugee resettlement on the local population’s level of trust and attitudes towards refugees.
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