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Bernie Madoff defrauded billions of dollars from his victims. The crime of fraud and the so called sin of greed have … been with us throughout known human history. Instead of looking at mere greed as the cause for fraud, this retrospective of …
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The term greed has become very popular in the public debate. It is regularly argued, for instance, that greed is one of … its prominent role in the current debates, however, empirical research on greed is rather sparse. We argue that the major … impediment for empirical studies is the difficulty to distinguish greed from selfishness. To overcome this methodological problem …
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We develop a theory of prosocial behavior that combines heterogeneity in individual altruism and greed with concerns …
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First the assumption of self-interest as applied in Economics is presented. Here we also discuss areas in which (many) people behave less self- but more other-regarding than traditional economic models assume. Then, greedy behaviour is considered as existing in the political and economic world'....
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According to the theory of guilt aversion, agents suffer a psychological cost whenever they fall short of other people's expectations. In this paper we suggest that there may be limits to this kind of motivation. We present evidence from an experimental dictator game showing that dictators...
Persistent link: https://www.econbiz.de/10011531586
First the assumption of self-interest as applied in Economics is presented. Here we also discuss areas in which (many) people behave less self- but more other-regarding than traditional economic models assume. Then, greedy behaviour is considered as existing in the political and economic world ....
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