| interaction and to resist individual moral hazard. Social | norms | (such as ethical and moral codes) can be a complementary |
| and moral codes) can be a complementary tool. Social | norms | primarily aim to foster human cooperation and relations |
| law) cannot be sufficient to foster cooperation. Social | norms | emerging from the repeated interaction can give some help |
| of not cooperating people. Human beings follow social | norms | also in not repeat relations. Indeed, human choices depend |
| can differ as can differ the social capital. Hence, social | norms | are a governance tool more suited to small societies. The |
Accademia della crusca
