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Working Paper No . 582 , 2002 Punctuality-A Cultural Trait as Equilibrium

  title={Working Paper No . 582 , 2002 Punctuality-A Cultural Trait as Equilibrium},
  author={Kaushik Basu and J{\"o}rgen W. Weibull},
A people’s culture, norms and habits are important determinants not just of the quality of social life but of economic progress and growth. In this paper we take the view that while the importance of culture is undeniable, the innateness of culture is not. We work here with a single example and demonstrate how a human trait which is widely believed to be cultural is at the same time a matter of choice. The example that we shall work with concerns punctuality. We show that punctuality may be… 

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