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Status and Ethnicity in Vietnam: Evidence from Experimental Games

Tanaka, Tomomi and Camerer, Colin F. (2009) Status and Ethnicity in Vietnam: Evidence from Experimental Games. In: Social Computing and Behavioral Modeling. Springer , New York, pp. 217-218. ISBN 978-1-4419-0055-5.

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A common simplification of economic theory assumes that people only care about maximizing their own material payoffs. However, charitable giving and recent findings in experimental economics demonstrate people will sometimes sacrifice their own payoffs to change the payoffs of others. Individuals tend to care about equity [4, 12], and try to maximize social welfare and help the least well off [1, 6, 8]. People are often willing to punish others who violate social norms even when punishment is costly to them [10, 11]. People frequently trust and reciprocate even when exchange is anonymous [2]. Thus, behavior seems to reflect a mixture of selfishness and “pro-sociality” toward non-kin to an extraordinary degree, compared to other species.

Item Type:Book Section
Camerer, Colin F.0000-0003-4049-1871
Additional Information:© 2009 Springer.
Record Number:CaltechAUTHORS:20110217-073614493
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Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:22286
Deposited By: Tony Diaz
Deposited On:09 Mar 2011 18:37
Last Modified:03 Oct 2019 02:36

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