Laws and Norms

成果类型:
Article
署名作者:
Benabou, Roland; Tirole, Jean
署名单位:
Princeton University; National Bureau of Economic Research; Centre for Economic Policy Research - UK; IZA Institute Labor Economics; Communaute d'universites et etablissements de Toulouse (Comue); Universite Toulouse 1 Capitole; Toulouse School of Economics
刊物名称:
JOURNAL OF POLITICAL ECONOMY
ISSN/ISSBN:
0022-3808
DOI:
10.1086/738343
发表日期:
2026
关键词:
social norms Pluralistic ignorance MORAL SENTIMENTS public-goods alcohol-use incentives SANCTIONS signal institutions preferences
摘要:
We analyze how private decisions and optimal public policies are shaped by personal and societal preferences, material incentives, and social norms. We show how incentives interact with honor and stigma, deriving optimal taxation. We then analyze the expressive role of law as embodying society's values and when it calls for a weakening or a strengthening of incentives. The law should be softened when it signals agents' willingness to contribute to the public good and toughened when it signals social externalities. We also shed light on norms-based interventions, societies' resistance to economists' messages, and the avoidance of cruel and unusual punishments.