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 …

central in informing behavior in one-shot games. -- Altruism ; Inequality, Empathy ; Theory of Mind ; Behavioral Economics …

. In some contexts, these two forms of relatedness interact. Caring about others can conveniently be labeled altruism … deprivation. I provide examples of domains in which the incorporation of altruism and relative deprivation can point to novel … consideration of relative deprivation can substitute for the prevalence of altruism, and vice versa. I conclude that this is a …