Behavioral Economics: Week 10
Topic: More on the Ultimatum Game: Social Norms, Altruism and Compassion, Trust and Reciprocity
Week 10 Required Readings and Videos:
Fehr, Ernst and Urs Fischbacher. 2003. "The Nature of Human Altruism." Nature, Vol. 425: 785-791.
Fun Readings: Compassion and Economics
Ariely, Dan. 2010. The Upside of Irrationality. Chapters 9 and 10.
Chapter 9: On Empathy and Emotion: Why we respond to one person who needs help, but not to many
Videos: Trust and Oxytocin
Ted Talk on the Science of Trust
Gender the Ultimatum Game: Minutes 26:00 to 31:00
Robert Write: How Cooperation (Eventually) Trumps Conflict
Lab Experiments: Trust and Labor Market Reciprocity, Holt Chapter 24
Powerpoints: Powerpoint on the Fair Sex, Powerpoint Trust and Reciprocity, Powerpoint on Altruism