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The Economics of Fairness, Reciprocity and Altruism – Experimental Evidence and New Theories

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Author Info
Fehr, Ernst
Schmidt, Klaus M.

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Abstract

This paper surveys recent experimental and field evidence on the impact of concerns for fairness, reciprocity and altruism on economic decision making. It also reviews some new theoretical attempts to model the observed behavior.

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Paper provided by University of Munich, Department of Economics in its series Discussion Papers in Economics with number 726.

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Date of creation: Jun 2005
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Handle: RePEc:lmu:muenec:726

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Related research
Keywords: Behavioural Economics; Other-regarding Preferences; Fairness; Reciprocity; Altruism; Experiments; Incentives; Contracts; Competition;

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Find related papers by JEL classification:
C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
C9 - Mathematical and Quantitative Methods - - Design of Experiments
D0 - Microeconomics - - General
J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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  31. Ernst Fehr & Simon Gachter, 2000. "Cooperation and Punishment in Public Goods Experiments," American Economic Review, American Economic Association, vol. 90(4), pages 980-994, September. [Downloadable!] (restricted)
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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Reuben, E. & Suetens, S., 2009. "Revisiting Strategic versus Non-strategic Cooperation," Discussion Paper 2009-22, Tilburg University, Center for Economic Research. [Downloadable!]
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  2. Robertas Zubrickas, 2009. "How Exposure to Markets Can Favor Inequity Averse Preferences," Levine's Working Paper Archive 814577000000000193, David K. Levine. [Downloadable!]
  3. Steffen Altmann & Thomas Dohmen & Matthias Wibral, 2007. "Do the Reciprocal Trust Less?," IZA Discussion Papers 3010, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  4. Hörisch, Hannah, 2007. "Is the veil of ignorance only a concept about risk? An experiment," Discussion Papers in Economics 1362, University of Munich, Department of Economics. [Downloadable!]
  5. Elke Holst & Mechthild Schrooten, 2006. "Sending Money Abroad – What Determines Migrants’ Remittances?," Discussion Papers 009, University of Flensburg, International Institute of Management. [Downloadable!]
  6. Andreas Nicklisch & Tobias Salz, 2008. "Reciprocity and status in a virtual field experiment," Working Paper Series of the Max Planck Institute for Research on Collective Goods 2008_37, Max Planck Institute for Research on Collective Goods. [Downloadable!]
  7. Gilles le Garrec, 2009. "Feeling guilty and redistributive politics," Documents de Travail de l'OFCE 2009-22, Observatoire Francais des Conjonctures Economiques (OFCE). [Downloadable!]
  8. Andreas Nicklisch, 2008. "Inequity Aversion, Reciprocity, and Appropriateness in the Ultimatum-Revenge Game," Working Paper Series of the Max Planck Institute for Research on Collective Goods 2008_24, Max Planck Institute for Research on Collective Goods. [Downloadable!]
  9. Stefan Liebig & Carsten Sauer & Jürgen Schupp, 2009. "The Justice of Earnings in Dual-Earner Households," SOEPpapers 216, DIW Berlin, The German Socio-Economic Panel (SOEP). [Downloadable!]
  10. Christian Traxler & Joachim Winter, 2009. "Survey Evidence on Conditional Norm Enforcement," Working Paper Series of the Max Planck Institute for Research on Collective Goods 2009_03, Max Planck Institute for Research on Collective Goods. [Downloadable!]
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  11. López-Pérez, Raúl, 2008. "The Power of Words: Why Communication fosters Cooperation and Efficiency," Working Papers in Economic Theory 2009/01, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History). [Downloadable!]
  12. Hoppe, Eva I. & Schmitz, Patrick W., 2009. "Can Contracts Solve the Hold-Up Problem? Experimental Evidence," CEPR Discussion Papers 7205, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  13. Robertas Zubrickas, 2009. "How Exposure to Markets Can Favor Inequity-Averse Preferences," Levine's Working Paper Archive 814577000000000130, David K. Levine. [Downloadable!]
  14. Hannah Hörisch, 2008. "Is the veil of ignorance only a concept about risk? An experiment," Discussion Papers 230, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich. [Downloadable!]
  15. Gilles Le Garrec, 2007. "Moral sentiments, democracy and redistributive politics: between nature and culture," Documents de Travail de l'OFCE 2007-09, Observatoire Francais des Conjonctures Economiques (OFCE). [Downloadable!]
  16. Hoppe, Eva I. & Schmitz, Patrick W., 2009. "Gathering Information before Signing a Contract: Experimental Evidence," CEPR Discussion Papers 7252, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  17. Robin Cubitt & Michalis Drouvelis & Simon Gachter & Ruslan Kabalin, . "Moral Judgments in Social Dilemmas: How Bad is Free Riding?," Discussion Papers 09/20, Department of Economics, University of York. [Downloadable!]
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  18. Reuben, Ernesto & Riedl, Arno, 2009. "Enforcement of Contribution Norms in Public Good Games with Heterogeneous Populations," IZA Discussion Papers 4303, Institute for the Study of Labor (IZA). [Downloadable!]
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