Moral Sentiments and Material Interests: The Foundations of Cooperation in Economic Life
- Herbert Gintis() (University of Massachusetts)Samuel Bowles() (University of Siena)Robert T. Boyd() (University of California, Los Angeles)Ernst Fehr() (University of Zurich)
AbstractMoral 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.)
- 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
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More about this item
Keywordscooperation; strong reciprocity;
- 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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