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The economics of solidarity: A conceptual framework

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  • Kritikos, Alexander S.
  • Bolle, Friedel
  • Tan, Jonathan H.W.

Abstract

For many people "solidarity" has become a meaningless word used in slogans - too often used without leading to any economic consequences. We show in this paper conditions under which solidarity can be a powerful instrument. In a solidary action, an individual in a group contributes to a series of actions that aims for a reallocation of scarce resources. The willingness to contribute is mainly influenced by the efficiency of the objective of the solidary action, and is enhanced by feelings of mutual exchange (solidarity) within a group.
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Suggested Citation

  • Kritikos, Alexander S. & Bolle, Friedel & Tan, Jonathan H.W., 2007. "The economics of solidarity: A conceptual framework," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 36(1), pages 73-89, February.
    • Handle: RePEc:eee:soceco:v:36:y:2007:i:1:p:73-89
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    More about this item

    JEL classification:

    • H40 - Public Economics - - Publicly Provided Goods - - - General
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • D60 - Microeconomics - - Welfare Economics - - - General

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