The Role of Altruism in Economic Interaction
John C. Haltiwanger and Michael Waldman
,
1
(
21
)
Journal of Economic Behavior and Organization
1-15
May
1993
Abstract
This paper considers environments in which the population consists of a mix of altruists and egoists, and asks under what situations do altruists have a disproportionately large effect on equilibrium, and under what situations is it the egoists. We begin by presenting a general framework for answering this question.
