Behavioural Economics of Social Preferences

A tendency to act in favor of others even when it has no direct benefit to oneself.

People who benefit from the cooperation of others without contributing themselves.

A collective action or behavior that involves multiple individuals working together toward a common goal.

Involves imposing penalties on individuals who violate social norms or rules, promoting cooperation by deterring free-riding.

The extent to which punishment is perceived as fair and legitimate.

People are more likely to punish those who harm others, even if it comes at a cost to themselves.

Individuals are more likely to cooperate when they belong to or identify with a specific group.

People experience enjoyment and satisfaction when they punish those who engage in unfair or exploitative behavior.

The extent to which the results of a study can be generalized to real-world situations, taking into account the natural environment and the complexities of human behavior.

The observation that initial cooperation in a group often declines over time, especially in repeated interactions.

A possible explanation for the decay of cooperation, suggesting that individuals learn to act in their own best interest, maximizing their gains by not contributing.

A test that examined if individuals who had played a public goods game where cooperation declined would contribute on the first round of a new, identical game. The results showed they did contribute, contradicting the self-interest axiom.

An alternative explanation for the decay of cooperation that suggests individuals may be influenced by a complex interplay of factors, such as social norms, trust, and empathy, rather than solely self-interest.

A situation where groups are constantly changing in repeated rounds of a social interaction, mimicking real-world social dynamics.

A phenomenon where individuals are more likely to cooperate when they are in a group with a perceived leader or authority figure.

Participants in the public goods game often contribute initially and experience a decline in their contributions over time, indicating a mix of motives and factors influencing their decisions.

A person who is willing to give resources to reward fair behavior, including punishing unfair behavior, even if it is costly and provides no reward.

An experiment where one person (proposer) offers to share a sum of money with another (receiver). The receiver can accept (split the money) or reject (both get nothing).

People are more likely to cooperate when others are willing to punish those who break the rules, even if it costs them something.

People are more likely to cooperate when they know others are observing their behaviour and will punish them if they don't follow the rules.

This happens when people are willing to punish those who have harmed them or others, even if it means no personal gain.

The likelihood of someone being punished depends on their position within the social group.

People enjoy seeing 'free-riders' (those who benefit without contributing) punished, even if they're not personally harmed.

Individuals are more likely to punish those who harm others, even if there's no personal gain involved.

Behavior is influenced by group affiliation, with individuals more likely to cooperate with members of their own group.

Individuals derive a sense of satisfaction or enjoyment from punishing those who violate social norms.

The idea that punishment is only effective when it's seen as fair and justified by the group being punished.

People are more likely to cooperate if they feel like they belong to a specific group.

The extent to which punishment is deemed fair and acceptable by members of a group.