Fairness and Retaliation
Ernst Fehr and
Simon Gächter
Chapter 7 in The Economics of Reciprocity, Giving and Altruism, 2000, pp 153-173 from Palgrave Macmillan
Abstract:
Abstract In this chapter we examine evidence from different social sciences and argue that considerations of fairness and retaliation shape human behaviour to a very large degree. We contend that the importance of fairness and retaliation also extends to many important economic decisions. The incorporation of these motivations therefore helps us to understand economic outcomes in many different institutional environments.
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-62745-5_7
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DOI: 10.1007/978-1-349-62745-5_7
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