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  2. Mores - Wikipedia

    en.wikipedia.org/wiki/Mores

    Mores (/ ˈ m ɔːr eɪ z /, sometimes / ˈ m ɔːr iː z /; [1] from Latin mōrēs [ˈmoːreːs], plural form of singular mōs, meaning "manner, custom, usage, or habit") are social norms that are widely observed within a particular society or culture. [2] Mores determine what is considered morally acceptable or unacceptable within any given ...

  3. Ruling class - Wikipedia

    en.wikipedia.org/wiki/Ruling_class

    In sociology, the ruling class of a society is the social class who set and decide the political and economic agenda of society.. In Marxist philosophy, the ruling class are the class who own the means of production in a given society and apply their cultural hegemony to determine and establish the dominant ideology (ideas, culture, mores, norms, traditions) of the society.

  4. Mos maiorum - Wikipedia

    en.wikipedia.org/wiki/Mos_maiorum

    The Roman family was one of the ways that the mos maiorum was passed along through the generations.. The mos maiorum (Classical Latin: [ˈmoːs majˈjoːrʊ̃]; "ancestral custom" [1] or "way of the ancestors"; pl.: mores, cf. English "mores"; maiorum is the genitive plural of "greater" or "elder") is the unwritten code from which the ancient Romans derived their social norms.

  5. Positive and normative economics - Wikipedia

    en.wikipedia.org/wiki/Positive_and_normative...

    Positive economics as such avoids economic value judgments. For example, a positive economic theory might describe how money supply growth affects inflation, but it does not provide any instruction on what policy ought to be followed. An example of a normative economic statement is as follows:

  6. Social order - Wikipedia

    en.wikipedia.org/wiki/Social_order

    Another key factor concerning social order is the principle of extensiveness. This states the more norms and the more important the norms are to a society, the better these norms tie and hold together the group as a whole. A good example of this is smaller religions based in the U.S., such as the Amish. Many Amish live together in communities ...

  7. Institution - Wikipedia

    en.wikipedia.org/wiki/Institution

    Economics, in recent years, has used game theory to study institutions from two perspectives. Firstly, how do institutions survive and evolve? In this perspective, institutions arise from Nash equilibria of games. For example, whenever people pass each other in a corridor or thoroughfare, there is a need for customs, which avoid collisions.

  8. List of cognitive biases - Wikipedia

    en.wikipedia.org/wiki/List_of_cognitive_biases

    This can result in more value being applied to an outcome than it actually has. An example of this is the IKEA effect, the tendency for people to place a disproportionately high value on objects that they partially assembled themselves, such as furniture from IKEA, regardless of the quality of the end product. [29]

  9. Value (ethics) - Wikipedia

    en.wikipedia.org/wiki/Value_(ethics)

    Norms provide rules for behavior in specific situations, while values identify what should be judged as good or evil. While norms are standards, patterns, rules and guides of expected behavior, values are abstract concepts of what is important and worthwhile. Flying the national flag on a holiday is a norm, but it reflects the value of patriotism.