Loading...
Date
relationships.isAuthorOf
Publisher
Abstract
Conventional wisdom has it that economic training and education
tends to produce less cooperative people – where cooperation means
following group-oriented goals. This issue has attracted particular
attention in discussions of the current economic crisis where it was
asked if increasing marketization of societies has created an environment
encouraging amoral selfish behavior of financial intermediaries
and other economic agents. We provide some evidence against this
claim with the help of an experiment, using an investment game with
a public-goods character. Modest guidance of strategic abilities increases
the degree of cooperation if the institutional setting permits
reputation building. We thus conclude that economic practice can
enhance cooperation in a socially stable environment.
Metadata
License
This item has been published with the following license: In Copyright