This paper studies altruistic behavior in a model of local interaction. Individuals live on a circle and choose whether to altruistically provide a local public good. Choices are based on imitation of successful neighbors and experimentation. The public good is assumed to be less local than imitation. In the absence of experimentation altruism can prevail and coexist with egoism as long as the public good is non-global. With experimentation altruism persists in the long run only if the population is large relative to the reach of the public good.
Ed. by Cervellati, Matteo / Fong, Yuk-fai / Peeters, Ronald / Puzzello , Daniela / Rivas, Javier / Schipper, Burkhard
1 Issue per year
Increased IMPACT FACTOR 2011: 0.490
Issues
Volume 12 (2012)
Volume 11 (2011)
Volume 10 (2010)
Volume 9 (2009)
Volume 8 (2008)
Volume 7 (2007)
Volume 6 (2006)
Volume 5 (2005)
Volume 4 (2004)
Volume 3 (2003)
Volume 2 (2002)
Volume 1 (2001)
Most Downloaded Articles
- Seller Cheap Talk in Almost Common Value Auction by LI, Daniel Zhiyun
- Ascending Auctions with Package Bidding by Ausubel, Lawrence M and Milgrom, Paul R
- An Experimental Comparison of Sequential First- and Second-Price Auctions with Synergies by Leufkens, Kasper/ Peeters, Ronald and Vorsatz, Marc
- Antitrust Evaluation of Horizontal Mergers: An Economic Alternative to Market Definition by Farrell, Joseph and Shapiro, Carl
- Strategic Effects of Renegotiation-Proof Contracts by Gerratana, Emanuele and Koçkesen, Levent
Altruism and Local Interaction
Jonas Hedlund1
1Departamento de Métodos Cuantitativos, CUCEA, Universidad de Guadalajara, jonas@merlin.fae.ua.es
Citation Information: The B.E. Journal of Theoretical Economics. Volume 12, Issue 1, Pages –, ISSN (Online) 1935-1704, DOI: 10.1515/1935-1704.1851, June 2012
Publication History:
- Published Online:
- 2012-06-09
Keywords: altruism; imitation; local interaction
Comments (0)