Arbeitspapier
Comparative statics of altruism amd spite
The equilibrium outcome of a strategic interaction between two or more people may depend on the weight they place on each other's payoff. A positive, negative or zero weight represents altruism, spite or complete selfishness, respectively. Paradoxically, the real, material payoff in equilibrium for a group of altruists may be lower than for selfish or spiteful groups. However, this can only be so if the equilibria involved are unstable. If they are stable, the total (equivalently, average) payoff can only increase or remain unchanged with an increasing degree of altruism.
- Sprache
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Englisch
- Erschienen in
-
Series: Working Paper ; No. 2008-05
- Klassifikation
-
Wirtschaft
Existence and Stability Conditions of Equilibrium
Noncooperative Games
Altruism; Philanthropy; Intergenerational Transfers
- Thema
-
altruism
spite
comparative statics
strategic games
stability of equilibrium
Altruismus
Gleichgewichtsstabilität
Spieltheorie
Nichtkooperatives Spiel
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Milchtaich, Igal
- Ereignis
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Veröffentlichung
- (wer)
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Bar-Ilan University, Department of Economics
- (wo)
-
Ramat-Gan
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Milchtaich, Igal
- Bar-Ilan University, Department of Economics
Entstanden
- 2008