TY - JOUR
T1 - Social networks, self-denial, and median preferences
T2 - Conformity as an evolutionary strategy
AU - Klick, Jonathan
AU - Parisi, Francesco
PY - 2008/8
Y1 - 2008/8
N2 - Attitudes of conformity can be understood as a product of adaptation. Existing models of conformity invoke preference falsification with individuals hiding their true preferences. We posit an adaptive mechanism for conformity. Because non-conformity leads to costs as a dissenting individual is shut out of social networks and majority coalitions, individuals have an incentive to sublimate their original preferences to a meta-preference for conformity. However, this adaptation is not costless. Resisting original preferences imposes self-denial costs that may exceed the benefits of conforming. Further, a conforming individual foregoes the small probability that his first-best original preferences will be realized.
AB - Attitudes of conformity can be understood as a product of adaptation. Existing models of conformity invoke preference falsification with individuals hiding their true preferences. We posit an adaptive mechanism for conformity. Because non-conformity leads to costs as a dissenting individual is shut out of social networks and majority coalitions, individuals have an incentive to sublimate their original preferences to a meta-preference for conformity. However, this adaptation is not costless. Resisting original preferences imposes self-denial costs that may exceed the benefits of conforming. Further, a conforming individual foregoes the small probability that his first-best original preferences will be realized.
KW - Conformism
KW - Endogenous preferences
KW - Preference falsification
KW - Social networks
UR - http://www.scopus.com/inward/record.url?scp=44349083581&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=44349083581&partnerID=8YFLogxK
U2 - 10.1016/j.socec.2007.08.008
DO - 10.1016/j.socec.2007.08.008
M3 - Article
AN - SCOPUS:44349083581
SN - 1053-5357
VL - 37
SP - 1319
EP - 1327
JO - Journal of Socio-Economics
JF - Journal of Socio-Economics
IS - 4
ER -