Explaining collective action with rational models
We note the failure of a rational egoist model of human behavior to generate successful predictions of important economic and political behaviors including collective action. Alternative models are presented that combine rational, utility-maximizing features with concerns about collective welfare. The performance of these models in explaining contributing behavior in an experimentally-induced public goods game is compared to the performance of a rational egoist and collective welfare model. The results indicate that a model in which subjects are presumed to “trade off” benefits to self with benefits to others provides a better explanation of actual contributing behavior than either the rational egoist or collective welfare models, but still explains only a small amount of the individual variance in contributing behavior. Copyright Kluwer Academic Publishers 1989
Year of publication: |
1989
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Authors: | Goetze, David ; Galderisi, Peter |
Published in: |
Public Choice. - Springer. - Vol. 62.1989, 1, p. 25-39
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Publisher: |
Springer |
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