We call an act altruistic when it is a sacrifice that benefits others. We discuss how experiments have demonstrated that altruistic choices appear to follow the same regularity conditions as those assumed for private goods. In particular they vary rationally in...
CITATION STYLE
Andreoni, J., Harbaugh, W. T., & Vesterlund, L. (2008). Altruism in Experiments. In The New Palgrave Dictionary of Economics (pp. 1–7). Palgrave Macmillan UK. https://doi.org/10.1057/978-1-349-95121-5_2789-1
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