Artikel
On the Economics of Others
We relate to others in two important ways: we care about others, and we care about how we fare in comparison to others. In some contexts, these two forms of relatedness interact. Caring about others can conveniently be labeled altruism. Caring about how we fare in comparison with others who fare better than ourselves can conveniently be labeled relative deprivation. I provide examples of domains in which the incorporation of altruism and relative deprivation can point to novel perspectives and suggest rethinking, and possibly revising, long-held views. And I show that there are domains in which consideration of relative deprivation can substitute for the prevalence of altruism, and vice versa. I conclude that this is a fascinating sphere for research on economics and social behavior.
- Language
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Englisch
- Bibliographic citation
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Journal: Ekonomista ; ISSN: 2299-6184 ; Year: 2013 ; Issue: 5 ; Pages: 709-715 ; Warsaw: Polish Academy of Sciences – Committee of Economic Sciences
- Classification
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Wirtschaft
Microeconomic Behavior: Underlying Principles
Household Production and Intrahousehold Allocation
Personal Income, Wealth, and Their Distributions
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Altruism; Philanthropy; Intergenerational Transfers
International Migration
Remittances
Geographic Labor Mobility; Immigrant Workers
Economic Development: Human Resources; Human Development; Income Distribution; Migration
- Subject
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Altruism
Relative deprivation
Economic and social behavior
- Event
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Geistige Schöpfung
- (who)
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Stark, Oded
- Event
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Veröffentlichung
- (who)
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Polish Academy of Sciences – Committee of Economic Sciences
- (where)
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Warsaw
- (when)
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2013
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Stark, Oded
- Polish Academy of Sciences – Committee of Economic Sciences
Time of origin
- 2013