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This paper discusses three alternative assumptions concerning household preferences (altruism, self-interest, and a …
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by Adam Smith in the Theory of moral sentiments and connect these with the themes Smith subsequently discusses in the …
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. Empirical evidence, however, is sparse. Using data from an experiment with 359 law and business administration students, we … behave reciprocally, but the degree of reciprocity is higher for lawyers. Surprisingly, it is not university education that …
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ökonomische Theorie angepasst und im Sinne der Verhaltensökonomik weiterentwickelt werden, damit auch wenig rationales Verhalten …, indeed must, economic theory be adapted and developed with input from behavioural economics to make even less …
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experiment with punishment together with an evolutionary agent-based simulation model, enables us to identify the underlying key …Altruistic punishment - the punishment of norm violators at one's own cost without material benefit - is frequently … altruistic punishment remains puzzling. Using a new approach, that closely integrates empirical results from a public goods …
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unrelated to altruism. First, individual use of punishment was uncorrelated with contribution to the public good, contrary to … the public good. Because such punishment can lead to improved group outcomes, this costly punishment has been conceived of … the hypothesis that punishers are proximally motivated by prosocial preferences. Second, individual use of punishment was …
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