Arbeitspapier

The Economics of Fairness, Reciprocity and Altruism – Experimental Evidence and New Theories

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.

Language
Englisch

Bibliographic citation
Series: Munich Discussion Paper ; No. 2005-20

Classification
Wirtschaft
Subject
Behavioural Economics
Other-regarding Preferences
Fairness
Reciprocity
Altruism
Experiments
Incentives
Contracts
Competition

Event
Geistige Schöpfung
(who)
Fehr, Ernst
Schmidt, Klaus M.
Event
Veröffentlichung
(who)
Ludwig-Maximilians-Universität München, Volkswirtschaftliche Fakultät
(where)
München
(when)
2005

DOI
doi:10.5282/ubm/epub.726
Handle
URN
urn:nbn:de:bvb:19-epub-726-4
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Fehr, Ernst
  • Schmidt, Klaus M.
  • Ludwig-Maximilians-Universität München, Volkswirtschaftliche Fakultät

Time of origin

  • 2005

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