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Moral Sentiments and Material Interests: The Foundations of Cooperation in Economic Life

Editor

Listed:
  • Herbert Gintis
    ()

    (University of Massachusetts)

  • Samuel Bowles
    ()

    (University of Siena)

  • Robert T. Boyd
    ()

    (University of California, Los Angeles)

  • Ernst Fehr
    ()

    (University of Zurich)

Abstract

Moral Sentiments and Material Interests presents an innovative synthesis of research in different disciplines to argue that cooperation stems not from the stereotypical selfish agent acting out of disguised self-interest but from the presence of "strong reciprocators" in a social group. Presenting an overview of research in economics, anthropology, evolutionary and human biology, social psychology, and sociology, the book deals with both the theoretical foundations and the policy implications of this explanation for cooperation. Chapter authors in the remaining parts of the book discuss the behavioral ecology of cooperation in humans and nonhuman primates, modeling and testing strong reciprocity in economic scenarios, and reciprocity and social policy. The evidence for strong reciprocity in the book includes experiments using the famous Ultimatum Game (in which two players must agree on how to split a certain amount of money or they both get nothing.)

Suggested Citation

  • Herbert Gintis & Samuel Bowles & Robert T. Boyd & Ernst Fehr (ed.), 2006. "Moral Sentiments and Material Interests: The Foundations of Cooperation in Economic Life," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262572370, January.
  • Handle: RePEc:mtp:titles:0262572370
    as

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    Citations

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    Cited by:

    1. Jorge Andrés Gallego Durán & Rafal Raciborski, 2008. "Clientelism, income inequality, and social preferences: an evolutionary approach to poverty traps," DOCUMENTOS DE ECONOMÍA 004717, UNIVERSIDAD JAVERIANA - BOGOTÁ.
    2. repec:eee:jeborg:v:145:y:2018:i:c:p:567-591 is not listed on IDEAS
    3. Jorge Andrés Gallego, 2007. "La reciprocidad y la paradoja del votante," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 9(16), pages 149-188, January-J.
    4. Comola, Margherita & Fafchamps, Marcel, 2018. "An experimental study on decentralized networked markets," Journal of Economic Behavior & Organization, Elsevier, vol. 145(C), pages 567-591.
    5. Jörg Wiegratz & Egle Cesnulyte, 2016. "Money Talks: Moral Economies of Earning a Living in Neoliberal East Africa," New Political Economy, Taylor & Francis Journals, vol. 21(1), pages 1-25, February.
    6. Margherita Comola & Marcel Fafchamps, 2015. "An Experimental Study of Decentralized Link Formation with Competition," NBER Working Papers 21758, National Bureau of Economic Research, Inc.

    More about this item

    Keywords

    cooperation; strong reciprocity;

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics

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