Research on the boundary between social norms and market norms

About This Project

Japan Grant Number
JP25380234 (JGN)
Funding Program
Grants-in-Aid for Scientific Research
Funding Organization
Japan Society for the Promotion of Science

Kakenhi Information

Project/Area Number
25380234
Research Category
Grant-in-Aid for Scientific Research (C)
Allocation Type
  • Multi-year Fund
Review Section / Research Field
  • Humanities and Social Sciences > Social Sciences > Economics > Economic theory
Research Institution
  • Hiroshima City University
Project Period (FY)
2013-04-01 〜 2017-03-31
Project Status
Completed
Budget Amount*help
3,770,000 Yen (Direct Cost: 2,900,000 Yen Indirect Cost: 870,000 Yen)

Research Abstract

In this research, we analyzed the property of social norms and market norms through economic experiments. First, we found that the relationship between labor and social norms / market norms depends on the nature of labor and work, i.e. whether or not the work itself is interesting. We also analyzed the influence of people’s reference point dependent preferences on normative behavior and risk attitude by conducting trust game experiments. As a result of this experiment, the following was found. 1. Men are risk lover even in the gain frame and the loss frame. 2. Women are not always risk averse than men. 3. Women indicate altruistic preferences when in the gain frame.

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