Arbeitspapier

Punctuality - A Cultural Trait as Equilibrium

A people's culture, norms and habits are important determinants not just of the quality of social life but of economic progress and growth. In this paper we take the view that while the importance of culture is undeniable, the innateness of culture is not. We work here with a single example and demonstrate how a human trait which is widely believed to be cultural is at the same time a matter of choice. The example that we shall work with concerns punctuality. We show that punctuality may be simply an equilibrium response of individuals to what they expect others to do. The same society can get caught in a punctual equilibrium or a non-punctual equilibrium.

Sprache
Englisch

Erschienen in
Series: IUI Working Paper ; No. 582

Klassifikation
Wirtschaft
Existence and Stability Conditions of Equilibrium
Noncooperative Games
Production and Organizations: Other
Social Choice; Clubs; Committees; Associations
Thema
Punctuality
Coordination Games
Zeit
Kultursoziologie
Institutionelle Infrastruktur
Theorie

Ereignis
Geistige Schöpfung
(wer)
Basu, Kaushik
Weibull, Jörgen W.
Ereignis
Veröffentlichung
(wer)
The Research Institute of Industrial Economics (IUI)
(wo)
Stockholm
(wann)
2002

Handle
Letzte Aktualisierung
20.09.2024, 08:22 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Basu, Kaushik
  • Weibull, Jörgen W.
  • The Research Institute of Industrial Economics (IUI)

Entstanden

  • 2002

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