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Adaptive Custom

Ekkehart Schlicht

in On Custom in the Economy

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198292241
eISBN:
9780191596865
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198292244.003.0006
Subject:
Economics and Finance, Microeconomics, History of Economic Thought

Because custom is only vaguely defined with respect to its scope and content, this gives rise to the problem of erosion: people will bend the rules of custom in ambiguous cases by slightly ... More


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