This paper surveys recent experimental and field evidence on the impact of concerns for fairness, reciprocity and altruism on economic decision making. It also reviews some new theoretical attempts to model the observed behavior.

This paper experimentally studies peer punishment under three alternative technologies. We find that the choice of peer punishment technology has a substantial impact on group performance. First, under technology where at least two subjects in the group must agree before another group member can...

Chapter written for the Handbook of Reciprocity, Gift-Giving and Altruism

This paper proposes an original mechanism to elicit latent social networks. Subjects are invited to reveal their friends’ name and surname, together with a score measuring the strength of relationship. According to the mechanism, subjects are rewarded of a fixed price either a) when they do...

This paper surveys recent experimental and field evidence on the impact of concerns for fairness, reciprocity and altruism on economic decision making. It also reviews some new theoretical attempts to model the observed behavior.

Evidence on behavior of experts in credence goods markets raises an important causality issue: Do "fair prices" induce "good behavior", or do "good experts" post "fair prices"? To answer this question we propose and test a model with three seller types: "the good" choose fair prices and behave...

Evidence on behavior of experts in credence goods markets raises an important causality issue: Do fair prices induce good behavior, or do good experts post fair prices? To answer this question we propose and test a model with three seller types: the good choose fair prices and behave...

Evidence on behavior of experts in credence goods markets raises an important causality issue: Do ”fair prices” induce ”good behavior”, or do ”good experts” post ”fair prices”? To answer this question we propose and test a model with three seller types: ”the good” choose fair...

Evidence on behavior of experts in credence goods markets raises an important causality issue: Do "fair prices" induce "good behavior", or do "good experts" post "fair prices"? To answer this question we propose and test a model with three seller types: "the good" choose fair prices and behave...