A common feature of the literature on the evolution of preferences is that evolution favors nonmaterialistic preferences only if preference types are observable at least to some degree. We argue that this result is due to the assumption that in each state of the evolutionary dynamics some...

In light of the under-explored potential of Simon's theory of altruism, the purpose of the present article is to review this explanation of altruism and to point out some of its implications for behavioural economics and theories of economic organization. In the course of the argument, this...

This chapter critically analyses contributions to evolutionary game theory by such writers as Robert Trivers, John Maynard-Smith, and Robert Axelrod. It develops four key arguments. First, that the behavioral propensities that manifest themselves in altruistic behavior are empirically relevant,...

This paper represents the third part of a research work dealing with the integration of economic efficiency and equity considered as a no-envy concept. Specifically, I examine here the problem of reduction of the malicious envy in a cultural evolutionary context. In fact, both in the case of...

This paper studies the evolution of both characteristics of reciprocity - the willingness to reward friendly behavior and the willingness to punish hostile behavior. Firstly, preferences for rewarding as well as preferences for punishing can survive evolution provided individuals interact within...

We test the conjecture that sustainable investing (SI) is driven by altruistic motives by examining the responses of charitable giving and SI flows to exogenous shocks to altruism. We find that while philanthropy responds strongly and significantly, SI flows do not. In addition, two further...

The permanent income hypothesis states that agents perfectly smooth consumption given a large, anticipated shock to income. Testing these implications is difficult given the endogenous nature of income and payment timing. We leverage exogenous variation in military bonus size and timing matched...

We explore the link between online salience and charitable donations. Using a unique dataset on phone text donations that includes detailed information on the timing of cash gifts to charities, we link donations to time variation in online searches for words that appear in those charities'...

Darwin’s (1871) observation that evolution has produced in us certain emotions responding to right and wrong conduct that lack any obvious basis in individual utility is a useful springboard from which to clarify the role of emotion in moral judgment. The problem is whether a certain class of...

This paper develops an evolutionary approach to investigate whether revealing one's own emotions such as sel shness, altruism or envy has evolved in humans through a process of natural selection. This paper nds two results. First, if the revealing trait (revealing or hiding) and the...