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The importance of risk tolerance and knowledge when considering the evolution of inequity responses across the primates

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  • DeAngelo, Gregory
  • Brosnan, Sarah F.
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    Abstract

    Researchers studying human and non-human primates have begun exploring deviations from the canonical model of expected utility. Additionally, researchers have examined the role of inequality in decision-making across the taxa. However, these two research programs are rarely combined. In this paper we offer an examination of the role and impact of risk and inequity on decision-making in both human and non-human primates. We also offer insights into what drives these observed differences, considering a range of explanations from biological to methodological.

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    File URL: http://www.sciencedirect.com/science/article/pii/S0167268112002739
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

    Volume (Year): 90 (2013)
    Issue (Month): S ()
    Pages: S105-S112

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    Handle: RePEc:eee:jeborg:v:90:y:2013:i:s:p:s105-s112

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    Web page: http://www.elsevier.com/locate/jebo

    Related research

    Keywords: Inequity; Risk; Prosocial behavior; Other-regarding behavior; Non-human primates; Comparative research;

    References

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    1. Axel Ockenfels & Gary E. Bolton, 2000. "ERC: A Theory of Equity, Reciprocity, and Competition," American Economic Review, American Economic Association, vol. 90(1), pages 166-193, March.
    2. Ernst Fehr & Klaus M. Schmidt, 1999. "A Theory Of Fairness, Competition, And Cooperation," The Quarterly Journal of Economics, MIT Press, vol. 114(3), pages 817-868, August.
    3. Ernst Fehr & Joseph Henrich & Robert Boyd, 2003. "In Search of Homo Economicus: Behavioral Experiments in 15 Small- Scale Societies," Microeconomics 0305009, EconWPA.
    4. Anderson, Lisa R. & Mellor, Jennifer M. & Milyo, Jeffrey, 2008. "Inequality and public good provision: An experimental analysis," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(3), pages 1010-1028, June.
    5. Klaus Abbink & David Masclet & Daniel Mirza, 2012. "Inequality and Inter-group Conflicts – Experimental Evidence," Economics Working Paper from Condorcet Center for political Economy at CREM-CNRS 2012-07-ccr, Condorcet Center for political Economy.
    6. Steven R. Beckman & Buhong Zheng & John P. Formby & W. James Smith, 2002. "Envy, malice and Pareto efficiency: An experimental examination," Social Choice and Welfare, Springer, vol. 19(2), pages 349-367.
    7. Andreoni, James, 1990. "Impure Altruism and Donations to Public Goods: A Theory of Warm-Glow Giving?," Economic Journal, Royal Economic Society, vol. 100(401), pages 464-77, June.
    8. Gary E. Bolton & Rami Zwick & Elena Katok, 1998. "Dictator game giving: Rules of fairness versus acts of kindness," International Journal of Game Theory, Springer, vol. 27(2), pages 269-299.
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