Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/201414 
Erscheinungsjahr: 
2016
Schriftenreihe/Nr.: 
DIW Discussion Papers No. 1525
Versionsangabe: 
November 9, 2016, Updated Version
Verlag: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Zusammenfassung: 
This paper investigates the impact of peer observation on consumption decisions of rural households in Thailand using a lab-in-the-field experiment. We find that observing groups show lower within group standard deviation. Thus, we provide evidence for conformity. Further, we find that individual's consumption choice is influenced by the group choice controlling for large number of individual, household, and village characteristics. Concerning the mechanisms, we observe that unfamiliarity of the consumption good is counteracted by peer effects. We further show that the consumption choice is influenced by how many people made the same decision previously, but not by who made that decision.
Schlagwörter: 
Consumption
Peer Effects
Conformity
JEL: 
D12
C21
C92
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
2.43 MB





Publikationen in EconStor sind urheberrechtlich geschützt.