| Fehr, Ernst and Schmidt, Klaus M. (2005): The Economics of Fairness, Reciprocity and Altruism – Experimental Evidence and New Theories. Discussion Papers in Economics 2005-20 |
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452Kb |
Abstract
This paper surveys recent experimental and field evidence on the impact of concerns for fairness, reciprocity and altruism on economic decision making. It also reviews some new theoretical attempts to model the observed behavior.
| Item Type: | Paper (Discussion Paper) |
|---|---|
| Keywords: | Behavioural Economics; Other-regarding Preferences; Fairness, Reciprocity; Altruism; Experiments; Incentives; Contracts; Competition |
| Collections: | Economics Economics > Discussion Papers in Economics Economics > Discussion Papers in Economics > Micro-Economics Economics > Discussion Papers in Economics > Behavioral Economics |
| Subjects: | 300 Social sciences > 300 Social sciences, sociology and anthropology 300 Social sciences > 330 Economics |
| JEL Classification: | C7, C9, D0, J3 |
| URN: | urn:nbn:de:bvb:19-epub-726-4 |
| Language: | English |
| ID Code: | 726 |
| Deposited On: | 11. Nov 2005 |
| Last Modified: | 25. May 2012 06:12 |
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