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“Social rituals enhance social bonding between commune members and encourage togetherness, which increase members’ perceived value of the inside option and thus alleviate brain drain. Rituals also mitigate adverse selection by demanding a hard-to-fake, costly signal of commitment to the commune.” — Ran Abramitzky
Social rituals enhance social bonding between commune members and encourage togetherness, which increase members’ perceived value of the inside option and thus alleviate brain drain. Rituals also mitigate adverse selection by demanding a hard-to-fake, costly signal of commitment to the commune.