Emotions Enforce Fairness Norms (a Simple Model of Strong Reciprocity)

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Emotions Enforce Fairness Norms (a Simple Model of Strong Reciprocity)

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López-Pérez, Raúl () (Departamento de Análisis Económico (Teoría e Historia Económica). Universidad Autónoma de Madrid.)

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Raúl López-Pérez

Abstract

In experimental games, many subjects cooperate contrary to their material interest and they do that in a reciprocal manner. In addition, many subjects punish those others who behave unkindly, and previous history usually influences subjects’ choices. We propose a simple game-theoretical model to account for these and other experimental phenomena, and compare it with other models of social preferences and reciprocity.

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Publisher Info
Paper provided by Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History) in its series Working Papers in Economic Theory with number 2006/11.

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Length: 40 pages
Date of creation: Nov 2006
Date of revision:
Handle: RePEc:uam:wpaper:200611

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Web page: http://www.uam.es/departamentos/economicas/analecon/default.html
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For technical questions regarding this item, or to correct its listing, contact: (Raúl López-Pérez).

Find related papers by JEL classification:
C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
D64 - Microeconomics - - Welfare Economics - - - Altruism
D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
Z13 - Other Special Topics - - Cultural Economics - - - Social Norms and Social Capital; Social Networks Economic Anthropology

This paper has been announced in the following NEP Reports:

NEP-ALL-2007-01-14 (All new papers)
NEP-CBE-2007-01-14 (Cognitive & Behavioural Economics)
NEP-EVO-2007-01-14 (Evolutionary Economics)
NEP-EXP-2007-01-14 (Experimental Economics)
NEP-GTH-2007-01-14 (Game Theory)
NEP-SOC-2007-01-14 (Social Norms & Social Capital)

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This page was last updated on 2009-11-18.

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