Does altruism and morality lead to socially better outcomes in strategic interactions than selfishness? We shed some … material payoff if others were to act like himself or herself. It turns out that both altruism and morality may improve or … worsen equilibrium outcomes, depending on the nature of the game. Not surprisingly, both altruism and morality improve the …

We explore the extent to which altruism, as measured by giving in a dictator game (DG), accounts for play in a noisy … to be the key determinant of how play varies with the parameters of the repeated game. In particular, altruism does not …

the structure of coordination games and approximately explains the strategies played using Schelling's focal points: after … (c;c) subjects play according to the coordination game's cooperative equilibrium, after (d;d) they play according to its …