Details
| Original language | English |
|---|---|
| Pages (from-to) | 381-392 |
| Number of pages | 12 |
| Journal | European Journal of Law and Economics |
| Volume | 37 |
| Issue number | 3 |
| Early online date | 31 Jul 2013 |
| Publication status | Published - Jun 2014 |
| Externally published | Yes |
Abstract
It has been a persistent phenomenon in many societies that a large proportion of alcohol consumption takes place in company of other people. While the phenomenon of social or public drinking is well discussed in disciplines such as social psychology and anthropology, economists have paid little attention to the social environment of alcohol consumption. This paper tries to close this gap and explains social drinking as a trust facilitating device. Since alcohol consumption tends to make some people (unwillingly) tell the truth, social drinking can eventually serve as a signaling device in social contact games.
Keywords
- Alcohol consumption, Alcohol-income-puzzle, Alcohol-wage-puzzle, Public drinking, Social contact games, Trust
ASJC Scopus subject areas
- Business, Management and Accounting(all)
- Business and International Management
- Economics, Econometrics and Finance(all)
- Economics and Econometrics
- Social Sciences(all)
- Law
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In: European Journal of Law and Economics, Vol. 37, No. 3, 06.2014, p. 381-392.
Research output: Contribution to journal › Article › Research › peer review
}
TY - JOUR
T1 - A note on social drinking
T2 - In Vino Veritas
AU - Haucap, Justus
AU - Herr, Annika
PY - 2014/6
Y1 - 2014/6
N2 - It has been a persistent phenomenon in many societies that a large proportion of alcohol consumption takes place in company of other people. While the phenomenon of social or public drinking is well discussed in disciplines such as social psychology and anthropology, economists have paid little attention to the social environment of alcohol consumption. This paper tries to close this gap and explains social drinking as a trust facilitating device. Since alcohol consumption tends to make some people (unwillingly) tell the truth, social drinking can eventually serve as a signaling device in social contact games.
AB - It has been a persistent phenomenon in many societies that a large proportion of alcohol consumption takes place in company of other people. While the phenomenon of social or public drinking is well discussed in disciplines such as social psychology and anthropology, economists have paid little attention to the social environment of alcohol consumption. This paper tries to close this gap and explains social drinking as a trust facilitating device. Since alcohol consumption tends to make some people (unwillingly) tell the truth, social drinking can eventually serve as a signaling device in social contact games.
KW - Alcohol consumption
KW - Alcohol-income-puzzle
KW - Alcohol-wage-puzzle
KW - Public drinking
KW - Social contact games
KW - Trust
UR - http://www.scopus.com/inward/record.url?scp=84900988297&partnerID=8YFLogxK
U2 - 10.1007/s10657-013-9412-1
DO - 10.1007/s10657-013-9412-1
M3 - Article
AN - SCOPUS:84900988297
VL - 37
SP - 381
EP - 392
JO - European Journal of Law and Economics
JF - European Journal of Law and Economics
SN - 0929-1261
IS - 3
ER -