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Cooperative behavior and institutions

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  • Vatn, Arild
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    Abstract

    The persistent observation of cooperative behavior in situations where defecting would be individually preferable challenges the standard hypothesis of individual utility maximization. This has advanced search for alternative ways of understanding choice. Proposals dominantly include expanding the kind of arguments to be included into the utility function. The paper identifies some pertinent problems with these explanations. An alternative model based on the idea of plural rationality and institutions-as-rationality-context is developed. The model is confronted with data from existing experiments. Implications for public policy and ideas for further research are emphasized.

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    File URL: http://www.sciencedirect.com/science/article/B6W5H-4T4J857-6/2/1b63a8e231900a4841f4389a9e1575c6
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).

    Volume (Year): 38 (2009)
    Issue (Month): 1 (January)
    Pages: 188-196

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    Handle: RePEc:eee:soceco:v:38:y:2009:i:1:p:188-196

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    Web page: http://www.elsevier.com/locate/inca/620175

    Related research

    Keywords: Institutions Rationality Behavioral theory Experimental economics Interdependence;

    References

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    Citations

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    Cited by:
    1. repec:hal:journl:halshs-00584247 is not listed on IDEAS
    2. Nicolas Jacquemet & Alexander James & Stéphane Luchini & Jason Shogren, 2011. "Social Psychology and Environmental Economics: A New Look at ex ante Corrections of Biased Preference Evaluation," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 48(3), pages 413-433, March.
    3. Pienaar, Elizabeth F. & Jarvis, Lovell S. & Larson, Douglas M., 2014. "Using a choice experiment framework to value conservation-contingent development programs: An application to Botswana," Ecological Economics, Elsevier, vol. 98(C), pages 39-48.
    4. Yanez-Pagans, Patricia, 2013. "Cash for Cooperation? Payments for Ecosystem Services and Common Property Management in Mexico," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 151295, Agricultural and Applied Economics Association.
    5. Vatn, Arild, 2010. "An institutional analysis of payments for environmental services," Ecological Economics, Elsevier, vol. 69(6), pages 1245-1252, April.
    6. Vatn, Arild, 2009. "An institutional analysis of methods for environmental appraisal," Ecological Economics, Elsevier, vol. 68(8-9), pages 2207-2215, June.

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