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SUMMARY:Tight\, Loose and Polarized Norms - Eugen Dimant (University of Pe
 nnsylvania)
DTSTART;VALUE=DATE-TIME:20220816T170000
DTEND;VALUE=DATE-TIME:20220816T180000
UID:https://talks.ox.ac.uk/talks/id/2162685b-c7e3-4304-bde8-3c5a25cb34a6/
DESCRIPTION:Social norms guide our behaviors in many decision contexts and
  influence our decisions such as whether to trust or cooperate with others
 . To do so\, individuals observe and interpret the social signals that the
 ir peers provide through their behavior. In this paper\, we investigate ho
 w individuals navigate strategic environments that are characterized by di
 fferent distributions of behavior and we contribute to a burgeoning litera
 ture probing how different social environments inform one’s own decision
 s. We focus on the difference between tight (i.e.\, characterized by low b
 ehavioral variance)\, loose (i.e.\, characterized by high behavioral varia
 nce)\, and polarized (i.e.\, characterized by U-shaped behavior) environme
 nts. Our results show that individuals strongly adapt their actions to the
  variance and distribution (polarized/single-peaked) of one’s peers. In 
 particular\, higher variance environments generate greater variance of rep
 lies\, and polarized environments generate polarized responses. This impli
 es that tight\, loose\, and polarized (empirical) norms are self-sustainin
 g. Moreover\, we find that personal values have a stronger importance for 
 actual behavior in polarized and loose than in tight environments.\nSpeake
 rs:\nEugen Dimant (University of Pennsylvania)
LOCATION:Butler Room (This is a hybrid event--interested participants can 
 attend in person or virtually via Zoom)
TZID:Europe/London
URL:https://talks.ox.ac.uk/talks/id/2162685b-c7e3-4304-bde8-3c5a25cb34a6/
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DESCRIPTION:Talk:Tight\, Loose and Polarized Norms - Eugen Dimant (Univers
 ity of Pennsylvania)
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