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Experiments in economics : playing fair with money

Author: Ananish Chaudhuri
Publisher: London ; New York : Routledge, 2009.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"Are humans fair by nature? Why do we often willingly trust strangers or cooperate with them even if those actions leave us vulnerable to exploitation? Does this natural inclination towards fairness or trust have implications in the market-place? Traditional economic theory would perhaps think not, perceiving human interaction as self-interested at heart. There is increasing evidence however that social norms and  Read more...
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Ananish Chaudhuri
ISBN: 9780415476300 0415476305 9780415476317 0415476313 9780203884799 0203884795
OCLC Number: 233591823
Description: xviii, 249 pages ; 24 cm
Contents: Introduction --
The ultimatum game --
Trust and trustworthiness in everyday life --
Cooperation in social dilemmas --
I will if you will : Resolving coordination problems in organisations --
Epilogue : Further economic implications of fairness and trust.
Responsibility: Ananish Chaudhuri.
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Abstract:

Why do we often willingly trust strangers or cooperate with them even if those actions leave us vulnerable to exploitation? This book describes the economic experiments that explore notions of  Read more...

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