Ekkehart Schlicht

in On Custom in the Economy

Published in print March 1998 | ISBN: 9780198292241
Published online November 2003 | e-ISBN: 9780191596865 | DOI:

Show Summary Details


Custom is important in moulding social and economic interaction. It eases them in some dimensions and constrains them in others. A widespread view of custom is to interpret it as a self‐sustaining system of conventions. The view presented here goes further and accounts for the behavioural impact of custom beyond competitive success. The theory proposed is neither ‘economistic’ in the sense of looking only for external instrumental reasons for the growth and decay of customs, nor ‘culturalistic’ in the sense of exclusively emphasizing cognitive and emotional regularities that bring about custom. Rather, it views custom as flowing from fundamental cognitive, emotional, and behavioural dispositions of human beings, thereby integrating economistic and culturalistic aspects.

Keywords: behaviour; cognition; conventions; culturalism; custom; economism; emotion; interaction; post‐modernism

Chapter.  2252 words. 

Subjects: Microeconomics

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.