Most economic models are based on the self-interest hypothesis that assumes that material
self-interest exclusively motivates all people. Experimental economists have gathered …

Most economic models are based on the self-interest hypothesis that assumes that all
people are exclusively motivated by their material self-interest. In recent years experimental …

Fairness, Incentives and Contractual Choices Page 1 Fehr, Ernst and Schmidt, Klaus M.: The
Economics of Fairness, Reciprocity and Altruism – Experimental Evidence and New Theories …

Recently developed models of fairness can explain a wide variety of seemingly contradictory
facts. One of the most controversial and yet unresolved issues in the modeling of fairness …

Reciprocal behavioral has been found to play a significant role in many economic domains,
including labor supply, tax compliance, voting behavior, and fund-raising. What explains …

Moral Sentiments and Material Interests presents an innovative synthesis of research in
different disciplines to argue that cooperation stems not from the stereotypical selfish agent …

Fairness is a strong concern as shown by dictator and ultimatum experiments. Efficiency,
measured by the sum of individual payoffs, is a potentially competing concern in games …

Fairness concerns often prompt people to share equally, but the function of such equal
sharing is somewhat unclear. Some researchers have proposed that fairness functions to …

The extensive empirical research presented in this volume and elsewhere (see reviews by
Bowles 1998; Frey and Jegen 2001; E. Ostrom 1998, 2000) challenges the assumption that …

The purpose of this chapter is to show that economists and other social scientists fail to
understand core questions in economics and social theory if they insist on the self-interest …