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

The economics of organizations is replete with the pitfalls of monetary rewards and punishments to motivate workers. If economic incentives...

Experiments, ethnography, and introspection provide evidence economic agents do not act to maximize their narrowly defined self interest. Expanding the...

I. Introduction, 589. — II. An optimal negative income tax model, 591. — III. The maximin criterion, 594. — IV....

The two theories are evaluated relatively with respect to empirical adequacy. It is shown that utility statements derived within the...

초록 없음  Loewenstein, G. (1999). Because it is there: The challenge of mountaineering… for utility theory. Kyklos, 52(3), 315-343.https://doi.org/10.1111/j.1467-6435.1999.tb00221.x 

Corporate scandals are reflected in excessive top management compensation and fraudulent accounts. These scandals cause an enormous amount of damage,...

Much progress has been made in recent years on developing and applying a direct measure of utility using survey questions...

A large number of studies suggest that reciprocity constitutes a basic motivational drive. This paper shows that reciprocity can account...

This paper shows that reciprocity has powerful implications for many economic domains. It is an important determinant in the enforcement...