Journal of Economic Perspectives
ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)
Anomalies: Cooperation
Journal of Economic Perspectives
vol. 2,
no. 3, Summer 1988
(pp. 187–197)
(Complimentary)
Abstract
Much economic analysis -- and virtually all game theory -- starts with the assumption that people are both rational and selfish. The predictions derived from this assumption of rational selfishness are, however, violated in many familiar contexts. In this column and the next one, the evidence from laboratory experiments is examined to see what has been learned about when and why humans cooperate. This column considers the particularly important case of cooperation vs. free riding in the context of public good provision.Citation
Dawes, Robyn M., and Richard H. Thaler. 1988. "Anomalies: Cooperation." Journal of Economic Perspectives, 2 (3): 187–197. DOI: 10.1257/jep.2.3.187JEL Classification
- 024 Welfare Theory--General
- 215 Experimental Economic Methods
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