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When markets meet minds: The institutional stance resolves decades of theoretical ambiguity in behavioural economics

Published online by Cambridge University Press:  18 September 2026

Michał Białek*
Affiliation:
Institute of Psychology, University of Wroclaw, Wroclaw, Poland michal.bialek3@uwr.edu.pl kacper.szymanski@amu.edu.pl
Katarzyna Pypno-Blajda
Affiliation:
Department of Psychology, University College of Professional Education, Poland kpypno@gmail.com
Kacper Szymański
Affiliation:
Institute of Psychology, University of Wroclaw, Wroclaw, Poland michal.bialek3@uwr.edu.pl kacper.szymanski@amu.edu.pl
*
*Corresponding author.

Abstract

Behavioural economics knows that market norms displace social norms, but has never explained why the substitution is cognitively abrupt or why some findings built on it replicate while others do not. Jara-Ettinger and Dunham’s institutional stance supplies both answers: stance adoption makes the two logics genuinely incompatible, and embeddedness in real role relationships determines whether an effect survives replication.

Information

Type
Open Peer Commentary
Copyright
© The Author(s), 2026. Published by Cambridge University Press