IDEAS home Printed from https://ideas.repec.org/h/eee/givchp/1-06.html
   My bibliography  Save this book chapter

Reciprocity: Its Scope, Rationales, and Consequences

In: Handbook of the Economics of Giving, Altruism and Reciprocity

Author

Listed:
  • Kolm, Serge-Christophe

Abstract

Reciprocity is one of the main basic social relations that constitute societies. It consists of being favourable to others because others are favourable to you (and not from an exchange in the strict sense). It rests on three possible rationales: (1) balance (comparison, matching), often related to equality and fairness, or to the desire to avoid moral indebtedness; (2) liking because being purposefully favoured induces liking which induces favouring, or because liking can directly result from being liked; (3) self-sustaining sequences of mutual favours, which can be solely self-interested (and are not in fact proper reciprocity). Reciprocity extends to important cases of aids inducing aids that are not strictly reciprocal. It has essential social roles in permitting general peace in freedom and respect of rights, the decentralized correction of many "market failures", the efficient working of organizations of all types through mutual trust and support, and basic relations between individuals and collectivities and governments. It constitutes the essential relation in families and genuine cooperatives, and it is present in all communities. It explains deviations from competitive equilibria, and it is closely involved in questions of development. The theory of reciprocity shows and compares the various types of solutions of the reciprocity game. Reciprocity is compared with other modes of transfers. Ways of explaining it are proposed. Its normative uses associate efficiency, fairness, and the intrinsic quality of social relations.

Suggested Citation

  • Kolm, Serge-Christophe, 2006. "Reciprocity: Its Scope, Rationales, and Consequences," Handbook on the Economics of Giving, Reciprocity and Altruism, in: S. Kolm & Jean Mercier Ythier (ed.), Handbook of the Economics of Giving, Altruism and Reciprocity, edition 1, volume 1, chapter 6, pages 371-541, Elsevier.
  • Handle: RePEc:eee:givchp:1-06
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/B7P5K-4KFT70B-9/2/31a1913afef911b0a45e0c960dda0491
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. HowTo: Altruism and the “Warm Glow” effect
      by zooeygoethe in Economic Objectorvism on 2007-12-27 00:01:33

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jean Mercier-Ythier, 2010. "The Aggregation of Individual Distributive Preferences through the Distributive Liberal Social Contract : Normative Analysis," Working Papers of BETA 2010-01, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    2. Mitrut, Andreea & Nordblom, Katarina, 2010. "Social norms and gift behavior: Theory and evidence from Romania," European Economic Review, Elsevier, vol. 54(8), pages 998-1015, November.

    More about this item

    JEL classification:

    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:givchp:1-06. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Nithya Sathishkumar). General contact details of provider: http://www.elsevier.com/wps/find/bookseriesdescription.cws_home/BS_HE/description .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.