SOCIAL PREFERENCES IN ECONOMIC BEHAVIOR: METHODS OF MEASUREMENT AND MODELING

PII
S042473880000616-6-1
DOI
10.31857/S0000616-6-1
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume / Issue №3
Pages
82-92
Abstract
The article provides an overview of methods used in the behavioral economics school for studying social preferences, i.e. accounting by an individual not only of his gain, but also gains (losses) of others. The main models of social preferences are described. Explains the evolutionary stability of social preferences and their role in reducing transaction costs.
Keywords
economic behavior, social preferences, gains, modeling, transaction costs
Date of publication
01.07.2010
Number of purchasers
2
Views
923

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