John Miller - Profile on Academia.edu (original) (raw)
Phone: 61290373800
Address: 27 Botanica Drive Lidcombe NSW 2141 Australia
less
Related Authors
Uploads
Papers by John Miller
Econometrica, 2002
Subjects in economic laboratory experiments have clearly expressed an interest in behaving unself... more Subjects in economic laboratory experiments have clearly expressed an interest in behaving unselfishly. They cooperate in prisoners' dilemma games, they give to public goods, and they leave money on the table when bargaining. While some are tempted to call this behavior irrational, economists should ask if this unselfish and altruistic behavior is indeed self-interested. That is, can subjects' concerns for altruism or fairness be expressed in the economists' language of a well-behaved preference ordering? If so, then behavior is consistent and meets our definition of rationality.
Econometrica, 2002
Subjects in economic laboratory experiments have clearly expressed an interest in behaving unself... more Subjects in economic laboratory experiments have clearly expressed an interest in behaving unselfishly. They cooperate in prisoners' dilemma games, they give to public goods, and they leave money on the table when bargaining. While some are tempted to call this behavior irrational, economists should ask if this unselfish and altruistic behavior is indeed self-interested. That is, can subjects' concerns for altruism or fairness be expressed in the economists' language of a well-behaved preference ordering? If so, then behavior is consistent and meets our definition of rationality.