Why social preferences matter : the impact of non‐selfish motives on competition, cooperation and incentives

dc.contributor.authorFehr, Ernst
dc.contributor.authorFischbacher, Urs
dc.date.accessioned2017-09-04T13:07:42Z
dc.date.available2017-09-04T13:07:42Z
dc.date.issued2002-03eng
dc.description.abstractA substantial number of people exhibit social preferences, which means they are not solely motivated by material self-interest but also care positively or negatively for the material payoffs of relevant reference agents. We show empirically that economists fail to understand fundamental economic questions when they disregard social preferences, in particular, that without taking social preferences into account, it is not possible to understand adequately (i) effects of competition on market outcomes, (ii) laws governing cooperation and collective action, (iii) effects and the determinants of material incentives, (iv) which contracts and property rights arrangements are optimal, and (v) important forces shaping social norms and market failures.eng
dc.description.versionpublishedeng
dc.identifier.doi10.1111/1468-0297.00027eng
dc.identifier.urihttps://kops.uni-konstanz.de/handle/123456789/39969
dc.language.isoengeng
dc.subject.ddc330eng
dc.titleWhy social preferences matter : the impact of non‐selfish motives on competition, cooperation and incentiveseng
dc.typeJOURNAL_ARTICLEeng
dspace.entity.typePublication
kops.citation.bibtex
@article{Fehr2002-03socia-39969,
  year={2002},
  doi={10.1111/1468-0297.00027},
  title={Why social preferences matter : the impact of non‐selfish motives on competition, cooperation and incentives},
  number={478},
  volume={112},
  issn={0013-0133},
  journal={The Economic Journal},
  pages={C1--C33},
  author={Fehr, Ernst and Fischbacher, Urs}
}
kops.citation.iso690FEHR, Ernst, Urs FISCHBACHER, 2002. Why social preferences matter : the impact of non‐selfish motives on competition, cooperation and incentives. In: The Economic Journal. 2002, 112(478), pp. C1-C33. ISSN 0013-0133. eISSN 1468-0297. Available under: doi: 10.1111/1468-0297.00027deu
kops.citation.iso690FEHR, Ernst, Urs FISCHBACHER, 2002. Why social preferences matter : the impact of non‐selfish motives on competition, cooperation and incentives. In: The Economic Journal. 2002, 112(478), pp. C1-C33. ISSN 0013-0133. eISSN 1468-0297. Available under: doi: 10.1111/1468-0297.00027eng
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kops.sourcefieldThe Economic Journal. 2002, <b>112</b>(478), pp. C1-C33. ISSN 0013-0133. eISSN 1468-0297. Available under: doi: 10.1111/1468-0297.00027deu
kops.sourcefield.plainThe Economic Journal. 2002, 112(478), pp. C1-C33. ISSN 0013-0133. eISSN 1468-0297. Available under: doi: 10.1111/1468-0297.00027deu
kops.sourcefield.plainThe Economic Journal. 2002, 112(478), pp. C1-C33. ISSN 0013-0133. eISSN 1468-0297. Available under: doi: 10.1111/1468-0297.00027eng
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